Overseas investment decision for case 202600076 - Sustainable Forestry New Zealand Limited | Toitū Te Whenua

Applicant: Sustainable Forestry New Zealand Limited
Case number(s): 202600076
Decision date: 7 Apr 2026
Type: Decision
Topic: Overseas investment

Decision	Consent granted Section 12(1)(a) Overseas Investment Act 2005
Decision maker	Toitū Te Whenua Land Information New Zealand
Decision date	7 April 2026
Pathway	Sensitive land – Special forestry test (one off)
Investment	Freehold interests in approximately: 323.8831 hectares of land located at 3688 State Highway 14, Tangiteroria, Northland (Kirikopuni Forest); 208.235 hectares of land located at Pukehuia Road, Arapohue, Northland (Pukehuia Forest); 74.1953 hectares of land located at 255 O'Carroll Road, Maungakaramea, Northland (O’Carroll Forest); and 914.4263 hectares of land located at Mangapapa Road, Okau Road and Rangi Road, Tangarakau, Taranaki Region (Okau Forest).
Consideration	Withheld under s9(2)(b)(ii) of the Official Information Act 1982
Applicant	Sustainable Forestry New Zealand Limited Germany 70% United States 10% United Kingdom 4% Various Regions 16%
Vendor	Four Right Limited New Zealand 100% JJ Waldegrave Investments Limited New Zealand 100% Okau Forest Investments Limited New Zealand 100%
Background	The Applicant is a newly formed New Zealand company which is part of a German insurance and financial services group known as HDI Haftpflichtverband der Deutschen Industrie V.a.G. The land is currently used for forestry purposes with the total productive area being approximately 1,218 hectares of pinus radiata. The Applicant plans to continue using the land for production forestry with harvesting commencing in 2044. Consent was granted as the Applicant met the investor test criterion and the special forestry test criteria.
More information	Catherine Reid, Barrister catherine@catherinereid.co.nz

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