| Decision | Consent granted Section 13(1)(c) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 11 July 2025 |
| Pathway | Significant business assets only |
| Investment | A leasehold interest for 1.0037 hectares at 11 and 19 Knox Street, Hamilton. |
| Consideration | Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Anglesea Hospital Limited Australia 55% New Zealand 29% South Korea 6% China, People's Republic of 5% Various 5% |
| Vendor | South Bloc Limited New Zealand 100% |
| Background | The Applicant is part of the Evolution Group, a New Zealand focused, internationally owned, healthcare provider which provides private surgical and related healthcare services. The Applicant has entered into an agreement in relation to the expansion of its hospital and a long-term lease with the Vendor for 1.0037 hectares at 9 - 19 Knox Street, Hamilton. The total consideration payable under the lease over its entire term will exceed $100 million and therefore consent is required. The Land is not sensitive land. The Minister of Finance has decided that the Investment is not contrary to New Zealand’s national interest. Consent was granted as the Applicant met the investor test criterion. |
| More information | Tessa Baker Chapman Tripp PO Box 2206, Auckland 1140 |