Kauri Forestry LP
Case number(s)
Decision date
Notification Section 23A Overseas Investment Act 2005
Schedule 4(3) - Forestry activities – Standing consent transaction
Notification number 9 (of 20)
Date 4 August 2023
Pathway(s) Special forestry (Standing consent)
Investment Acquisition of a freehold interest in approximately 373.9295 hectares of land at 9 Clelands Road, Masterton.
Asset Value $6,030,000
Applicant Kauri Forestry LP
Switzerland (93%)
Germany (7%)
Vendor Geoffrey Russell Henry Smith, Margaret Helen Smith, and Russell Geoffrey Andrew Smith
New Zealand (100%)

The Consent Holder was granted a standing consent under the special forestry test on 22 March 2021. This permits the Consent Holder to acquire up to 6,000 hectares of land in up to 20 transactions by 30 September 2023.

This is the ninth acquisition of land under the standing consent. The Consent Holder intends to convert the farmland into a commercial forest.

Approximately 327 hectares will be planted in predominately Pinus Radiata. The Consent Holder is expecting a rotation time of 25-30yrs post-harvest.

There is 269.4 hectares of land in LUC Class 6 and 108.1 hectares of land in LUC Class 7.

More information Christina Lefever
Lefever Law
PO Box 33064
Christchurch 8244