Oji Fibre Solutions (NZ) Limited
Case number(s)
Decision date
Parent Decision
OI Case number
NotificationSection 23A Overseas Investment Act 2005
Schedule 4(3) - Forestry activities – standing consent transaction
Notification number3 of 20
Decision Date17 April 2024
Pathway(s)Sensitive land – Special forestry test (standing consent)
InvestmentAcquisition of a freehold interest in approximately 433.0680 hectares at 417 Wawa Road, Kinleith
Consent HolderOji Fibre Solutions (NZ) Limited 
Japan 86%
United States 6%
Various overseas persons 8%
VendorSouthern Pastures (Kahu Farm) Partnership Limited
Sweden 59%
Luxembourg 22%
Various 19%

The Consent Holder was granted a standing consent under the special forestry test on 9 September 2020. This permits the Consent Holder to acquire up to 15,000 hectares of land in up to 25 transactions by 30 September 2024. 

This is the third acquisition of Land under the standing consent. The Vendor used the land for dairy farming with some forestry and the Consent Holder is now converting the land into a commercial forest. 

Approximately 2.8 hectares of land will be subdivided and sold.

Harvesting of existing trees is planned to commence in 2024 or 2025 and expected to be completed by 2030.

Harvesting of the new tree crop to be established on the Land is likely to take place at 16 to 18 years for Eucalyptus and 25 to 27 years for Pinus Radiata

The land will be replanted within two years of harvest.  The land is predominantly LUC 6.

More informationChris Parke 
Dentons Kensington Swan 
18 Viaduct Harbour Avenue 
Auckland 1142