| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 10 August 2012 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 4.8125 hectares of land at 112 M Greenwood Road, Pakiri. |
| Consideration | $4,500,000 |
| Applicant | Tedson Michael Caine & Julia Jean Caine United States of America (100%) |
| Vendor | Pakiri Point Property Limited New Zealand (100%) |
| Background | Mr. and Mrs. Caine intend to move to and reside indefinitely in New Zealand. The overseas investment transaction has satisfied the criterion in section 16(1)(e)(i) of the Overseas Investment Act 2005. |
| More information | Nicola Harrison Glaister Ennor PO Box 63 AUCKLAND |