Surf Park Developer Expands Auckland Residential Footprint AW Holdings 2021 (LP) Limited Partnership (New Zealand 50%, Australia 32%, USA 14%, Various 4%) has been granted…
Decisions of the Overseas Investment Commission and Overseas Investment Office
The approval of the Overseas Investment Office (OIO; before 25 August 2005, the Overseas Investment Commission (OIC)) is required for most overseas investment into Aotearoa/New Zealand that involves land and fishing, and most other investment valued at $100 million or more. In fact, it acts as a rubber stamp, approving almost all applications.
Global Infrastructure Fund Leases Canterbury Farmland For Solar Development BENZ Somerton Limited (North America 41%, Middle East 24%, Europe 23%, Asia 12%) has been granted…
BNP Paribas-Backed Future Forests Expands Wellington Forestry Holdings Future Forests NZ Limited (France 61%, Netherlands 31%, Germany 7%, Luxembourg 1%) has been granted consent to…
Mexican-Led Finaccess Moves To Full Control Of Restaurant Brands NZ Finaccess Restauración, SL (Mexico 42%, Spain 32%, Argentina 9%, Switzerland 8%, Uruguay 6%, United Kingdom…
European Forestry Fund Expands Clutha Holdings Under Special Forestry Consent Future Forests NZ Limited — a newly established company majority owned by French investors (61%)…
US Fintech Giant Shift4 Acquires Smartpay in $296 Million Takeover Shift4 Payments, LLC (United States 99%, Various 1%) has received consent under the Significant Business…
Kauri Forestry LP Acquires Makirikiri Forest, Masterton Kauri Forestry LP (Switzerland 65%, Germany 35%) and part of the Craigmore Sustainables Group, has received OIO consent…
Taurus Forest Holdings Buys $1.25 Billion Stake In Matariki Forestry Taurus Forest Holdings Limited (Singapore 99%, US 1%) received OIO consent to acquire 100% of…
Private Equity Takes Full Control Of MediaWorks After National Interest Review Shelley Newco 2 Pty Ltd (Australia 47%, United States of America 22%, Cayman Islands…
Japanese Insurance Giant Nippon Life Acquires Full Ownership Of Global Risk Firm Nippon Life Insurance Company (Japan 100%) has received OIO consent to increase its…
Fletcher Gets Green Light To Sell Christchurch Apartments to Overseas Buyers Fletcher Residential Ltd has been granted an Exemption Certificate under Schedule 3, Clause 4…
Kauri Forestry LP Makes Second Purchase Under Fast-Track Forestry Consent Kauri Forestry LP Swiss (71%) and German (29%) investors through the Craigmore Sustainables Group, has…
Hungarian Billionaire Buys Into Forestry This one was chosen by default. The OIO only made two Decisions this month (by contrast it made 11 in…
Amazon Data Centre The OIO has approved Amazon Data Services New Zealand Limited (ADS, United States of America 24%, Various 76%) buying a freehold interest in…
Gas Companies Bought For $150 Million The OIO has approved Elgas Limited (United States of America 69%, Europe Region 11%, United Kingdom 9% and Various…