| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 22 April 2026 |
| Pathway | Sensitive land – Farm land benefit test |
| Investment | Acquisition of a freehold interest in approximately 467.7 hectares of land on Arapaoa (Arapawa) Island, Marlborough |
| Consideration | $4,400,000 |
| Applicant | LWC 2025 LP Australia 50% Singapore 50% |
| Vendors | Heberley Brothers Trustee Limited as trustee of the Heberley Brothers Trust New Zealand 100% |
| Background | The Applicant is a New Zealand limited partnership ultimately owned by four limited partners, two of which are directors of Singaporean based charity, Extra Ordinary People. The land is currently used as a sheep farm by the Vendors. The Applicant is acquiring the Land to continue farming operations, and introduce a cattle herd which it will use for vocational education purposes for young people aged 11-18. The Applicant will develop training and accommodation facilities on the Land to host camps for young people. The main benefits to New Zealand are likely to include increased FTE jobs, capital expenditure, increased production, and consequential benefits from the operation of the training facility on the Land. Consent was granted as the Applicant has met the investor test criterion and the investment is likely to benefit New Zealand. |
| More information | Tara Wylie Simpson Grierson (Auckland) Private Bag 92518 Auckland 1141 |