| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 4 July 2025 |
| Pathway | Sensitive land – Special Forestry (One-off) |
| Investment | Acquisition of freehold interests in approximately 711.7 ha of land (Makirikiri Forest) at Springhill Road, Bideford, Masterton. |
| Consideration | Withheld under s9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Kauri Forestry LP Switzerland 65% Germany 35% |
| Vendors | James George Williams and Luce Jane Williams as trustees of the Longridge Trust New Zealand 100% |
| Background | The Applicant is a limited partnership, established as part of the Craigmore Sustainables Group. It is a forestry and horticulture investment vehicle and already holds a significant amount of land in New Zealand for those purposes. The Applicant is acquiring approximately 712 hectares of freehold land near Masterton. The land is currently used for forestry purposes. The total productive area of the property is approximately 645 hectares, nearly exclusively planted in pinus radiata. The Applicant plans to continue using the land for production forestry. Consent was granted as the Applicant has met the investor test criterion and the special forestry test criteria. |
| More information | Christina Lefever Lefever Law |