Applicant
Ponga Arbor LP
Case number(s)
202600026
Decision date
Type
Decision
Topic
Overseas investment
DecisionConsent granted
Section 12(1)(a) Overseas Investment Act 2005
Decision makerToitū Te Whenua Land Information New Zealand
Decision date1 May 2026
PathwaySensitive land – Special forestry test (one off)
Investment

Freehold interests in approximately:

  • 213.61 hectares of land located at 95 Masons Road, Maromaku, Kawakawa (Masons Forest);
  • 220.4326 hectares of land located at 84 Lawsons Road, Dargaville (Lawsons Forest);
  • 204.8934 hectares of land located at 1858 Pukehuia Road, Dargaville (Manganui Forest); and
  • 343.4994 hectares of land located at 258 Greenhill Road, Ruawai (Greenhill Forest).
ConsiderationWithheld under s9(2)(b)(ii) of the Official Information Act 1982
ApplicantPonga Arbor LP
Germany 100%
VendorsDiamond Farm Trading Limited
New Zealand 100%
Diamond Farm 7 Limited
New Zealand 100%
Background

The Applicant is a newly formed limited partnership which is ultimately 69% owned by an investment vehicle of the pension trust of listed German car manufacturer – the Mercedes-Benz Group.

The land is currently used for forestry purposes with the total productive area being approximately 661 hectares of pinus radiata. The Applicant plans to continue using the land for production forestry with harvesting commencing in around 25–34 years.

Consent was granted as the Applicant met the investor test criterion and the special forestry test criteria.

More informationSarah Blackmore
Russell McVeagh
PO Box 8
Auckland 1140