|Date||24 May 2007|
|Offeror/applicant||Gaitens, A.F.M. of Netherlands|
|Ultimate applicant beneficial ownership||100 percent - Netherlands|
|Beneficial overseas ownership|
|- Asset current||0 percent|
|- Asset proposed||100 percent|
|- Share current||N/A|
|- Share proposed||N/A|
|Offeree(s)/seller(s)||Blunden (Gregory George Roy & Gay Eileen) of New Zealand|
|Business activities||Lifestyle Property|
|Details of land involved||1.9619 hectares of freehold situated at Rangitane Road, Kerikeri, Northland being CTs NA114A/460 and NA105C/172 (North Auckland Registry).|
The application has been approved as it met the criteria.
The Overseas Investment Office is satisfied that the Applicant has business experience and acumen relevant to and is demonstrating financial commitment towards the investment. The Overseas Investment Office is further satisfied that the Applicant is of good character and not the kind of persons referred to in section 7(1) of the Immigration Act 1987.
P O Box 702