DecisionConsent Granted
Section 12(a) Overseas Investment Act 2005
Decision Date13 June 2017
InvestmentAn overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in approximately 5.9395 hectares of land at 375 Wainui South Road, Whakamarama.
Consideration$1,250,000
ApplicantDavenport Orchards Limited
Robert Andrew Davenport, United Kingdom (100%)
VendorTimothy John Mathews, Sally Anne Mathews and Jeanne Marie Bright in their capacity as trustees of the Shaba Trust
New Zealand (100%)
Background

Mr Davenport is currently living in New Zealand and he intends to reside here indefinitely.

The overseas investment transaction has satisfied the criterion in section 16(1)(e)(i) of the Overseas Investment Act 2005.

More informationKirsty Keating
EY Law Limited
2 Takutai Square
Britomart
Auckland 1140