Foreign investment in Aotearoa/New Zealand

2009

Overseas Investment Office - Decisions

Commentary and Index prepared by CAFCA

(Note: the OIO decisions quoted here can be viewed here.)

Contents

January 2009 decisions

The Japanese Clearly Still Have Money To Spend; Suntory Of Japan Buys Local Beverage Star From The French; ING Buys Property Instead Of Paying Out Investors; Russian Billionaire Buys Northland Farm; Israeli Billionaires Trade Interest In Walter Peak Station For $1; Dutch Share Shuffle In Rakaia; Fletcher Extends Lease At Kumeu; Indian Winemaker Increases Its Australasian Capacity; A Confidential Decision; Cement Transnational Gets More Cheap Land, This Time From You And I; Summary Statistics January 2009

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February 2009 decisions

Australian Buys Cambridge Farm; UK Pension Fund Acquires More Central North Island Land; Aussie Buys Interest In Ashburton Dairy Farm; Another Aussie Buys Into The South Island; Swiss Cement Transnational Acquires Oamaru Land; Roger Award Finalist Buys Large Farm For Wind Farm Project; Contact Energy Buys Up More Land For Wind Farm; $1.3 Billion Aussie Share Shuffle Of NZ Retirement Assets; Another Enormous Aussie Share Shuffle Of NZ Retirement Homes Approved; The Aussies Want Our Rental Car Industry As Well; Another Aussie Share Shuffle, This Time Of A Significant Power Network; Hold The Press: QIC Can't Make Its Mind Up And Wants More Of Powerco; Summary Statistics February 2009

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March 2009 decisions

Transpacific Taken Over: Confidential Decision Released On Appeal; Aussies Tighten Grip On NZ Retirement Village Business; QPE Still Has More Money To Spend; Aussies Consolidate Their Ownership Of Our Health Food Industry As Well; Nuplex Risks Becoming An "Overseas Person"; Ripples From The AIG Debacle Hit Our Shores; Global Financial Crisis Survivor Grabs Credit Rating Agency; Origin Gets Approval Buy More Of Contact Energy; Ownership Of Satellite Communications Facility Changes Hands; Capital Raising Needed For Former Carter Holt Harvey Forests; Weiti Forest Park Beachfront Soon To Be Gated?; Wiroa Station Sold; Irish Keen On Dairying Prospects In Southland; Fosters Keen On NZ Vineyards; Other March Decisions, Summary Statistics March 2009

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April 2009 decisions

Australians Consolidate Holding In NZ Retirement Villages; UK Financial Meltdown Hits Our Shores; Aussies Complete Takeover Of Hirequip Thanks To Management Sell-Out; US Company Wants Our Pebbles For Swimming Pool Coatings; The Irish Are At It Again; Mount Aspiring Hotel Sold To US Timeshare; Phar Lap Isn't The Only Kiwi Horse The Aussies Want To Claim; A New Otago Gold Rush?; Other April Decisions; Summary Statistics April 2009

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May 2009 decisions

US Company Grabs More Rubicon; UK Transnational Grabs Chunk Of Waihopai Forest; More US Interest In Our Wineries; Another Mega Bunnings Warehouse Planned; US Company Eyeing Up Our Red Beech; Other May Decisions; Summary Statistics May 2009

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June 2009 decisions

UK Interests Restart Point Ridge Gated Community; Fletcher Concrete Acquires Buffer For Hunua Quarry; Another Vineyard Gets New US Owners; Other June Decisions; Summary Statistics June 2009

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July 2009 decisions

The Japanese Like Steinlager; Aussies Forget To Get OIO Approval Re NZ Rental Group; International Commodity Trader Buys ABB Grain; Aussies Sell Out Of NZ Travel Agencies; But That's Not Quite The End Of This Story; ANZ Acquires More "Bleeding Mortgages"; US Taxpayer Bailout Rolls On, This Time Citigroup; A "New" Owner For Holden?; Contact Energy's Geothermal Station Forces Marae To Be Relocated; Westpac Buys CEO's Multi-Million Dollar "Bunker"; Chemical Giant Gains Foothold in New Zealand; Other July Decisions; Summary Statistics July 2009

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August 2009 decisions

Aussie Retirement Share Shuffle Forgets OIO Approval Is Required; Another Aussie Retirement Operator Plans Further Growth Here; And US "Grave Dancer" Buys Into Our Retirement Industry; Global Financial Meltdown Hits the Dutch; Singaporeans Consolidate Ownership Of Some Of Our Hotels; I Can "Hear" The Aussie Cash Registers Ringing Again; The ANZ/ING Saga Continues...; US Property Developers Take Control Of Tui Farm Park; Significant Queenstown Property Now Has Singaporean Owners; Other August Decisions; Summary Statistics August 2009

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September 2009 decisions

Overseas-owned Joint Venture Splits 27,000 Hectare Forest between Them; New Asian Owners For NZ King Salmon?; Contact Buys Farm To Ensure Transmission Easement; Swiss Buy 2,500 Plus Hectares; Taylors Is Now Spotless; Westbury Stud Now Part Of The Harvey Norman Stable; Paratiho Farms Now Owned By Ex British Banker; More Forestry Deals; Other September Decisions; Summary Statistics September 2009

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October 2009 decisions

ANZ Can't Get Enough of ING; Citigroup Quick To Spend Uncle Sam's Money; More New Zealand Vineyards Sold To The US; Auckland's' ASB Tennis Centre Needs UK Money For Upgrade; Other October Decisions; Summary Statistics October 2009

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November 2009 decisions

ANZ And ING, Yet Again; Aussies Again Forget To Get OIO Approval. This Time It's Vitaco; Kiwis Can't Seem To Hang On To Their Phone Networks; Powerco Has Another New Shareholder; German Share Shuffle Of LeasePlan; Synlait Wants To Milk More Of The Canterbury Plains; Chinese Take Cornerstone Shareholding In PGG Wrightson; Another Aussie-Owned Supermarket For Palmerston North; Other November Decisions; Summary Statistics November 2009

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December 2009 decisions

"Vampire Squid" Consolidates Its Retirement Holdings; Aussie Retirement Operator Plans Southern Retirement Village; UK Taxpayer Bailout Of Royal Bank Of Scotland Rumbles On; But the "British" Still Have Enough Spare Change To Buy Glencoe Station?; And Canadians Nab A Piece Of Middle Earth; While Mt Gerald Station Goes To Belgium; MediaWorks (TV3 and RadioWorks) To Get A New Owner; Harvey Norman Owner Buys Another Horse Stud; Three Related Confidential December Decisions; Other December Decisions; Summary Statistics December 2009

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Numbers of deleted or released decisions before appeal

Jan 2009 Feb 2009 Mar 2009 Apr 2009 May 2009 Jun 2009 Jul 2009 Aug 2009 Sep 2009 Oct 2009 Nov 2009 Dec 2009 Total 2009
Deletions 3 1 3 3 3 1 2 4 4 2 0 5 31
Applications Refused 0 0 0 0 0 0 0 0 0 0 0 0 0
Decisions released 10 12 20 13 7 6 16 20 18 9 12 10 153
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