| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 7 November 2025 |
| Pathway | Sensitive land - Special forestry test (one-off) |
| Investment | Acquisition of a freehold interest in a total of approximately 549 hectares of land comprising four forests: Okoia I, Okoia II, Glencroft I and Glencroft II, all located in the Wellington district |
| Consideration | Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Future Forests NZ Limited France 61% The Netherlands 31% Germany 7% Luxembourg 1% |
| Vendors | Multiple Vendors1 1 Okoia I Forest Vendors: Chang-Hai Lin, Ching-Nan Yang, Ham-See Chung, Helen Yu-Hua Kuo, Ho-Man Chung, Hung-Sheng Lin, I-Chou Lien, I-Ting Lien, Mei-Yun Yang, Michael Chun-Ta Lin, Michelle Fang, Min-Hsiung Chen, Mo-Ting Leung, Pok-Man Chung, Shu-Hsun Lee, Sophie Fang, Su-Lien Fang, Yiu-Man Chung and Yu-Hua Lin. |
| Background | The Applicant is a newly formed New Zealand company, owned by BNP Paribas Future Forest Fund SLP, a Luxembourg based forestry investment fund. The Applicant is acquiring approximately 549 hectares of land with 457 hectares of productive forest containing Pinus Radiata, located in the Wellington district. The Applicant intends to continue using the Land for forestry purposes. Consent was granted as the Applicant has met the investor test criterion and the special forestry test criteria. |
| More information | Sarah Blackmore Russell McVeagh PO Box 8 Auckland 1140 |