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Overseas Investment Office – Decisions 2015

Foreign investment in Aotearoa/New Zealand

2015

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 2015 decisions

Singaporeans buy half share of two Auckland office towers; Japanese buy Morton Estate Wines; Other January Decisions.

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February 2015 decisions

Aussies sell Goodman Fielder to Asian tigers; Aussies buy 2,000 hectare Te Rata Forest, plus another; English buy Mt Isthmus Station; French take 25% stake in Pokeno milk processing plant; Blackstone buys Orica; Chinese take controlling stake in Martin Jetpack; Fleet NZ ownership restructured; Upmarket lodges planned for historic Pa site in Taupo; TR Truck Rental Group to expand; Other February decisions.

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March 2015 decisions

Singapore government buys prime shopping malls; New joint venture for Transmission Gully and other regional services; Swiss buy Wellington ACC building; Li Ka-shing restructures his global empire; Aussie buys 1,000 hectare Wheturau Station; Chinese-owned Waste Management buys balance of Living Earth; Schools sell their forestry holdings to Hong Kong; Austrian buys Havelock North farm; Chinese buy Whatuwhiwhi Holiday Park; UK Bankers Buy In Queenstown; Other March decisions.

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April 2015 decisions

Americans add to their 27,000 hectare farm; Japanese increase their shareholding in ANZCO; Minority shareholders to finally exit Radius Properties; Dutch get retrospective consent for Southland property; Aussies pick Movenpick; Other April Decisions.

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May 2015 decisions

Crown to freehold 5,347 hectares near Queenstown; 12,000 hectare Mangakahia Forest changes hands again; Hart to sell Carters Building Supply Group; Japan Post buys Toll; Countdown signs new leases; Malaysians buy more land for forestry; More CDOs, the seeds of a new GFC; Chinese buy Good Health Products; Canadians restructure ownership of healthcare real estate; Hong Kong investor buys 2,583 hectare Tanupara Station near Raetihi; Other May Decisions.

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June 2015 decisions

Aussies buy CallPlus; Yellow Pages restructures debt again; A new coffee transnational; Porsche family share shuffle; Kawakawa Station sold; Swiss to convert Mayfield farm to dairy; Americans expand their Glenorchy Wyuna Station; Americans to establish Glenorchy marketplace; Chinese pig farm for Gladstone; Chinese-owned Pengxin gets more land at mortgagee sale; Craigmore to expand Wairepo dairy farm; Redwood forest for Retaruke; Canadians buy lime quarries from Holcim; Other June Decisions.

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July 2015 decisions

New leaseholder for Vector Arena; Craigmore founder sells two farms to Craigmore; Swiss plan new dairy farm for Hororata; New Countdown for Ashburton;

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August 2015 decisions

French buy Barkers Fruit processors in Geraldine; Other August Decisions.

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September 2015 decisions

Sale of Lochinver Station to Chinese declined; GE sells Custom Fleet to Canadians; Hong Kong national buys O�Sullivans� horse training facility; Americans add Big Ben Station to their large mid Canterbury holdings; Canadian government buys Oxford dairy farm; Craigmore buys Te Puke kiwifruit orchard; Other September Decisions.

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October 2015 decisions

Americans to buy 2,626 hectare forest from Mighty River Power; Japanese consolidate their 12,500 hectare forestry and mill ownership; Tomatoes ripe for German-owned Turners and Growers picking; Chinese public to get a stake in Waste Management; Tiongs buy 1,264 hectare Kumeroa Station; Office Max gets new American owner; GE selling its NZ consumer finance business; Waihi mine gets new owner; New owner for Transaction Services Group; Australians sell Southland forests to Australians; Australians plan to capitalise on growing foreign student numbers; Other October Decisions.

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November 2015 decisions

Chinese plan tourist resort for Waikaretu farm; Aussies buy Maruia Springs resort; Chinese partner sheep milk farm in Kuratau; Z Energy buys Caltex and Challenge; Aussies buy Wakefield Hospital; Canadian government buys another Oxford dairy farm; David Jones buys Kirkcaldies� lease for $1; Dubious Aussies buy NZ Institute of Sport; Other November Decisions.

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December 2015 decisions

Chinese buy 3,600 hectares of forestry blocks; Americans take controlling interest in five Southland dairy farms; Chinese buy Oamaru�s Lean Meats; Chinese to establish Waihaha sheep milk farm; Daiken takes 100% of Ashley Timber plant; Americans now take an interest in Wakefield Hospital; Japan�s Sumitomo buys Northland forests; Lord Palumbo plans musicians� retreat for Waiheke; Other December Decisions.

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Numbers of deleted or released decisions before appeal

Jan 2015 Feb 2015 Mar 2015 Apr 2015 May 2015 Jun 2015 Jul 2015 Aug 2015 Sep 2015 Oct 2015 Nov 2015 Dec 2015 Total 2015
Deletions 1 4 5 3 1 7 3 1 2 6 4 4 41
Approvals 5 12 13 8 13 18 4 3 11 16 12 14 129

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