Applicant
Heilig Assets NZ Limited
Case number(s)
202200381
Decision date
Type
Decision
Decision

Consent granted
Section 12(1)(a) Overseas Investment Act 2005

Decision maker Toitū Te Whenua LINZ
Decision date 25 January 2023
Pathway(s) Special forestry (One-off purchase) 
Investment 161.0821 hectares of land located at Whangaehu Valley Road, Whangaehu Valley, Masterton
Asset value Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 
Applicant Heilig Assets NZ Limited 
Vendor James Falloon, Joanna Falloon, and Stephen Kerr as Trustees of the Ditton No.2 Trust 
Background

The Applicant has applied for consent under the special test relating to forestry activities set out in section 16A(4) of the Act.

The land to be acquired is currently used by the Vendor for sheep and beef farming. The Applicant intends to develop the land into a commercial Pinus Radiata Forest and use it exclusively for forestry. Once planting is complete approximately 86% of the Land will be used as a commercial forest.

The remaining area of land will be made up of existing native bush and scrub, infrastructure, and buffer land which will include riparian and boundary setbacks.

The land that is the subject of this application is Land Use Capability (“LUC”) classifications: LUC 3 (10 hectares), LUC 6 (149 hectares).

More information

Catherine Reid  
Catherine Reid Barrister 
catherine@catherinereid.co.nz