CC Helios Trust Pte. Ltd.
Case number(s)
Decision date
Decision Consent granted
Section 13(1)(c) Overseas Investment Act 2005
Decision Maker Overseas Investment Office
Decision Date 18 May 2022
Pathway(s) Significant business assets only
National Interest assessment
Investment Acquisition of the property located at 46-56 Albert Street, Auckland.
Asset Value Withheld under s9(2)(b)(ii) of the Official Information Act 1982
Applicant CC Helios Trust Pte. Ltd.
Singapore (34.45%)
United States of America (31.50%)
Canada (12.83%)
Switzerland (9.04%)
Various (12.18%)
Vendor Mansons (Mills Lane) Limited
New Zealand (100%)

The Applicant is a special purpose vehicle established to acquire and hold the Investment. The Applicant is managed under PAG’s Real Estate Strategy and ultimately owned by passive institutional investors.

The Applicant seeks consent to acquire a freehold interest in the property located at 46-56 Albert Street, Auckland (Property). The Property is owned by New Zealand company, Mansons (Mills Lane) Limited (the Vendor).

The Vendor is currently constructing a commercial building on the Property. The Applicant intends to acquire the Property once the building has been completed.

The OIO is satisfied that the investor test has been met.

More information Andrew Petersen
Bell Gully (Auckland)
Level 21 Vero Centre
48 Shortland Street
Auckland 1010