| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 15 April 2026 |
| Pathway | Sensitive land – Production forestry |
| Investment | A freehold interest in approximately 566.04 hectares of land located at Admiral Station Road, Gladstone. |
| Consideration | Withheld under s9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | SCOOF Taonga Investments Limited United Kingdom 96% Bermuda 4% |
| Vendor | Pukekiekie Farming Ltd New Zealand 100% |
| Background | The Applicant is a New Zealand company established to hold investments in forestry assets for the Stafford Carbon Offset Opportunity Fund. The Applicant is wholly owned by Stafford Carbon Offset Opportunity Fund (Pooling) SCSp, a Luxembourg special limited partnership. The land is currently used for forestry purposes with the total productive area being approximately 414.9 hectares of pinus radiata. The Applicant intends to continue using the land for forestry purposes. Consent was granted as the Applicant has met the investor test criterion and the special forestry test criteria. |
| More information | Pavanie Edirisuriya DLA Piper New Zealand |