| Decision | Consent granted Section 12(1)(a) of the Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 15 April 2026 |
| Pathway | Sensitive land – Primary consent |
| Investment | Acquisition of a freehold interest in approximately 0.3617 hectares of sensitive land at Te Aute Road, Havelock North. |
| Consideration | $200,000 |
| Applicant | CDL Land New Zealand Limited Singapore 57% New Zealand 38% Various 5% |
| Vendor | Catherine Theresa Bradbury New Zealand 100% |
| Background | The Applicant is a subsidiary of NZX-listed CDL Investments New Zealand Limited and is a residential property developer with investments throughout New Zealand. The Applicant intends to use the land to construct stormwater infrastructure for an adjoining residential subdivision it is developing. Consent was granted as the national interest test was met. |
| More information | Andrew Petersen Bell Gully (Auckland) PO Box 4199 Auckland 1140 |