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Overseas Investment Office – Decisions 2014

Foreign investment in Aotearoa/New Zealand

2014

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 2014 decisions

Elders restructures ownership of its New Zealand saleyards; Crafar Farms’ Chinese owners now take control of Synlait Farms; But We Need To “Regularise” Some Of This Land?; New Zealand Guardian Trust back in NZ hands, just; Asian investors buy central Auckland block; Other January Decisions.

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February 2014 decisions

Sky City gets convention centre approval; Chinese-owned infant formula plant for Pokeno; Onetai Station sold; Matariki sells Kohitere Forest; Chinese buy Castlebrae Farm; Other February Decisions.

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March 2014 decisions

IAG gets approval to buy Lumley Insurance; Sealord gets retrospective consent for Port Nelson land; American Biotech buys Edendale Nursery; Mid Canterbury farms sold overseas; Z Energy to establish biodiesel project at Wiri; Mud House Wineries sold overseas: Hong Kong buys the land; Thermo Fisher divests recent cell culture acquisition; Swiss buy Southland dairy farm; Other March Decisions.

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April 2014 decisions

Matariki expands its Opotiki forestry block; Malaysians continue to increase their NZ land holdings; Chinese planning a toll road at Huapai?; Craigmore now buys another North Otago dairy farm; Other April Decisions.

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May 2014 decisions

Tiongs restructure ownership of New Zealand King Salmon; Cameron buys another 48 hectares in the Wairarapa; Bupa buys Invercargill retirement village; Swiss buys Waitangirua Forest; Craigmore to expand North Otago dairy farm; Shell buys 121 hectares to prevent further Maui leaks; Americans buy British FX trader; Other May Decisions.

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June 2014 decisions

Aussies sell Transpacific Industries to the Chinese government; British enter PPP to build Transmission Gully highway; Tiaki Plantations ownership restructured; Further restructuring at Walter Peak Station; Chinese plan Orewa subdivision; Craigmore buys two more farms; Americans buy Wesfarmers Broking (NZ); Americans buy large Canterbury dairy farm; Other June Decisions.

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July 2014 decisions

French buy infant milk formula plant; Inghams sells and leases back poultry farms; Metroglass prepares for IPO; Germans buy Mount Marsh Forest; Craigmore buys 2,721 hectare Taieri Lake Station; Chinese buy Stratford abattoir; Chinese also buy Okoroire Hot Springs Hotel; Americans buy Hurunui dairy farm; While Europeans expand their Taupo dairying interests; Other July Decisions.

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August 2014 decisions

German shuffle Porsche ownership; Aussies buy Tower Life; Moonshine farm ownership consolidated; Americans get retrospective consent for Timaru apple orchard; Another retrospective consent; And yet another retrospective consent; Fletcher Concrete plans quarry for Otaki; Craigmore adds to its North Otago dairy farm empire; Other August Decisions.

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September 2014 decisions

New Chinese-owned hotel for the Auckland waterfront; Tiongs buy another 337 hectares near Dannevirke; Fletchers plan Mangere subdivision; Transpacific leases more of Waiheke (and other sites); And two more rubbish approvals; Japanese buy Northland forestry block; Americans sell malt company to the French; South Pacific Pictures changes hands English increase their shareholding in Tru-test; Swiss buy 400 hectare Te Awamutu farm; Other September Decisions.

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October 2014 decisions

Griffins sold for big bikkies to new Philippine owners; Malaysians restructure their interest in Opus International; Harvard sells some forestry interests to the Canadian Pension Fund; Solid Energy sells Southland dairy farm to the Swiss; ANZ Terminals sold; Aussies take stake in Acurity Health; American-owned Constellation Brands expands in Marlborough; Pernod buys back Marlborough vineyard; Matua plans new vineyard on Marlborough Council land; Other October Decisions.

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November 2014 decisions

Canadian Pension fund buys AMP’s NZ property portfolio for $1b; Hart sells Carter Holt Harvey mills to the Japanese; Turners and Growers buys large Hawkes Bay apple orchard; Germans buy Auckland’s Lumley Centre; Japanese to restart Milton Sawmill; Chinese take control of Invercargill meat processor; Housing NZ sells Hobsonville site to Singaporeans; Americans take control of Trinity Hill; Irish expand Southland Dairy empire; Craigmore buys more; Japanese expand Millbrook development; Bulk liquid terminals now 100% overseas-owned; Other November Decisions.

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December 2014 decisions

Europeans buy several Canterbury dairy farms; Canadians buy another; Ditto; Thais plan Papamoa residential subdivision; Chinese buy two Manukau Harbour islands; Other December Decisions.

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Numbers of deleted or released decisions before appeal

Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 Dec 2014 Total 2014
Deletions 5 4 2 5 4 9 4 3 7 2 6 8 59
Approvals 10 8 14 7 13 14 11 15 13 12 17 12 146

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