Eden Puaki Drive Sub Limited Partnership
Case number(s)
Decision date
DecisionConsent granted
Section 13(1)(c) Overseas Investment Act 2005
Decision makerToitū Te Whenua Land Information New Zealand
Decision date26 February 2024
Pathway(s)Significant Business Assets
InvestmentA freehold interest in approximately 5.81 hectares of non-sensitive land at 20 Puaki Drive, Wiri, Auckland
ApplicantEden Puaki Drive Sub Limited Partnership
Funds managed and advised by entities associated with BlackRock, comprised of entities which are 90% overseas owned
VendorGPC Asia Pacific Limited
United States of America 100%

The Applicant is an institutional investor in industrial assets owned by funds managed and advised by entities associated with BlackRock.

The Vendor is a member of the GPC Asia Pacific group, suppling automotive aftermarket and industrial replacement parts in Australia, New Zealand, Indonesia and Singapore. The Vendor is best known in New Zealand for its Repco retail stores.

Consent was granted as the Applicant met the investor test criterion.

More informationNatalie Steur
Russell McVeagh (Auckland)
PO Box 8
Auckland 1140