| Notification | Notification of a transaction under a Standing Consent Section 23A and Schedule 4(3) Overseas Investment Act 2005 |
|---|---|
| Notification number | 3 (of 40) |
| Decision date | 27 November 2025 |
| Pathway | Special Forestry Test (standing consent) |
| Investment | An overseas investment in sensitive land, being the Consent Holder’s acquisition of a freehold interest in approximately 355.7134 hectares at Waitawhiti Road, Tinui, Masterton (Puketawa Forest) |
| Consideration | $4,022,500 |
| Consent Holder | Kauri Forestry LP Switzerland 71% Germany 29% |
| Vendor | Puketawa Forest Limited New Zealand 100% |
| Background | The Consent Holder is a limited partnership, specialising in forestry investments in New Zealand, established as part of the Craigmore Sustainables Group The Consent Holder was granted a standing consent under the special forestry test on 13 June 2024. This permits the Consent Holder to acquire up to 10,000 hectares of land in up to 40 transactions by 12 June 2027. This is the third acquisition of land under the standing consent. The Consent Holder intends to continue to use the land for commercial forestry with harvesting expected to commence in approximately 2044. |
| More information | Christina Lefever Lefever Law PO Box 33064, Barrington, Christchurch 8244 |