| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 9 February 2026 |
| Pathway | Sensitive land – Benefit test |
| Investment | A freehold interest in approximately 27.4901 hectares of land located at Lodge Road, Jacks Point, Queenstown‑Lakes. |
| Consideration | Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Beyond NZ HotelCo Pte. Ltd. Japan 95% Various Regions 5% |
| Vendors | Wild Grass Limited Partnership Australia 80% Singapore 14% Various Regions 6% Wild Grass Investments No. 1 Limited New Zealand 76% Australia 24% |
| Background | The Applicant is 95% owned by Tak Development Asia Pacific Pte. Ltd, a Singaporean property development company whose family‑owned Japanese parent company specialises in architecture and construction. The land is currently bare land. The Applicant intends to develop and operate a luxury lodge on the Land. The main benefits to New Zealand are likely to include increased capital expenditure, the creation of employment and increased export receipts. It also advances significant government policies in relation to tourism. Consent was granted as the Applicant has met the investor test criterion and the Investment is likely to benefit New Zealand. |
| More information | Sam Nelson Russell McVeagh (Queenstown) C/- Level 30, 48 Shortland Street Auckland Central 1010 |