Foreign investment in Aotearoa/New Zealand
2017
Overseas Investment Office – Decisions
Commentary and Index prepared by CAFCA.
All spelling of geographic and company names is as supplied by the Overseas Investment Office (OIO) unless otherwise it is clear from the context that the source is from elsewhere. Errors are those of the OIO. Information quoted, unless otherwise noted, comes from the Decision Sheets of the Office. Copies of the Decision Sheets can be seen on the Land Information New Zealand website.
Contents
January 2017 decisions
Norwegian company buys NZ packhouse technology; NZ lifestyle.
February 2017 decisions
Chinese takeover of Airwork aviation services; Reesby Rotorua buys its own bus station; Australia/Singapore Equity Fund Buys Barker Companies Including Bluebridge; Pacific Equity Partners Gobbles Up Food Partners Frozen Products; T&G Global Leases More Hawkes Bay Land For Apollo; Chinese Ownership Change At Good Health Products; NZ lifestyles: Public access through Hunter Valley Station, Otago; Australian buys land in Queenstown; Paying your way on Waiheke.
March 2017 decisions
Overseas profits from Government sale of public land for housing; Australia profits from public-private schools; Japanese Lion leases more land in Marlborough; Japanese Koyama Wines buys leased land; Singaporean to build 52 storey hotel in Auckland; Tiong Family Malaya buys land for Whenuapai development; Tiong Family Malaya buys Waihopai land for forestry; US brand company buys Sistema plastic containers; China and Australia take over Lower Hutt private hospital; NPT and Kiwi Property get consent but don’t merge.
April 2017 decisions
US buys chicken breeding farm; Woolworths Australia building a FreshChoice in Cromwell; US teachers’ super fund buys Marlborough vineyard; Wallace-Modena merge meat rendering; Chinese back off takeover of Blue Sky Meats, Southland; Sky-Vodafone get consent from OIO but not Commerce Commission.
May 2017 decisions
Downer takeover of Spotless; Craigmore buys another dairy farm; Australian pig and gene breeders buy Waitaki sheep and beef farm; Chinese buy Stratford abattoir; Waste Management extends lease on Puketutu Island; Nelson Forests/global investors buy Ngāti Rārua settlement forest; Toll Network land swap near Auckland railway; Private equity syndicate buys Auckland office development; Cigarettes transnational CEO buys Northland organic farm; Growing capsicum in Warkworth
June 2017 decisions
Global investors buy up half of 2Degrees; Suncorp/Vero buys up rest of Tower Insurance; Bathurst buys forest land to mine more coal; Caltex Australia buys Gull NZ; Goodman Properties buys industrial estate in Henderson; T&G buys land for apples in Havelock North; US apple orchardists expand in South Canterbury; Chinese buy Bowron tannery, Christchurch; Japanese buy more forestry land in Northland; Latifundium buys Wairarapa forests; Swiss capital moves to the East Coast; Australian restructures Whatatutu farmland, Gisborne; Mangakino heifer farm restructures
NZ lifestyles
July 2017 decisions
Solid Energy sells mining land to Bathurst/Talley’s; Australian private equity buys up NZ retirement villages; Primary health clinics; NZ lifestyles
August 2017 decisions
More land for Port Blakely forest, Waimate; Craigmore buys kiwifruit orchard in Edgecumbe; NZ lifestyles
September 2017 decisions
Craigmore buys Te Puke kiwifruit orchard; US ownership of Canterbury vineyards; Tahitian brewer to intensify deer farming in Motueka; Asian fund merges with poultry investors; Kiwi Property to develop town centre in Drury; Fletchers land swap for Three Kings housing
October 2017 decisions
Indonesian hoteliers keep it in the famil; Hong Leong Group/CDL housing subdivision in Hamilton; Apple buys up NZ wireless power tech; Tegel leases more New Plymouth land
November 2017 decisions
Tegel leases yet more New Plymouth land; Inghams leases land near Te Awamutu; Fletchers buy more Cromwell land to quarry; Singaporeans lease Queen St towers to rent out; Canadian engineers take over Malaysian engineers; Vital Healthcare buys Bowen, Wakefield and Royston Hospitals; Canadian govt dairy intensification before new OIO Directive
December 2017 decisions
No consent for Bathurst to buy Sullivan Mine; No consent for ANZ sale of UDC Finance to China; OfficeMax takeover blocked by Commerce Commission; NZ Oil & Gas buys back into Kupe at lower price; NZ Oil & Gas taken over by OGOG Singapore; Beach Energy buys Lattice for half Kupe Joint Venture; Hong Kong buys rest of Dominion Salt from Japanese; Japanese buy up rest of ANZCO meat; Craigmore intensifies Canterbury dairying; US money managers of NZ forests and farms; T&G buys Hastings land for apples; Sauvage Family buys another Cromwell vineyard; Canadian pension funds juggle huge NZ assets; CDL (Singapore) increases its share in NZ hotels; CDL Land (Singapore) buys more land for housing; Chinese buy Westgate land for housing; Chinese to build hotel in Queenstown
Numbers of approved, declined and price deleted Decisions
| Jan 2017 | Feb 2017 | Mar 2017 | Apr 2017 | May 2017 | Jun 2017 | Jul 2017 | Aug 2017 | Sep 2017 | Oct 2017 | Nov 2017 | Dec 2017 | Total 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Deletions | 0 | 2 | 2 | 1 | 3 | 6 | 1 | 3 | 3 | 3 | 0 | 8 | 32 |
| Approvals | 2 | 4 | 10 | 6 | 10 | 16 | 6 | 4 | 6 | 4 | 6 | 17 | 91 |
| Declined | 2 | 2 | 4 |
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