Displaying items by tag: OVERSEAS INVESTMENT OFFICE

An Austrian billionaire has been granted consent to purchase an $8m Hill Country farm.

Craigmore Sustainables will invest $38 million to convert 137ha of established dairy farm at Kerikeri into a kiwifruit orchard.

Avocados will replace dairy on a 405ha farm on the shores of the Kaipara Harbour.

A newly published report by KPMG shows that in the last two years China has been the single biggest offshore investor in the New Zealand dairy sector, placing 28% of the $1.3 billion that came into dairy and milk processing from offshore.

Silver Fern Farms welcomes the Overseas Investment Office’s (OIO) approval of the application by Shanghai Maling to invest $261m into the company to create a 50/50 partnership.

The president of Shanghai Pengxin Investments in New Zealand, Terry Lee, says the company's future investment in the NZ dairy industry is being thwarted.

A group of red meat farmers seeking industry reforms have not given up hope despite bleeding support.

The Overseas Investment Office needs more resources, but a reform of legislation is not on the cards because of lack of political support, Prime Minister John Key says.

Lochinver Station has been sold to privately owned New Zealand farming group Rimanui Farms Ltd.

Lochinver Station has been sold to privately owned New Zealand farming group Rimanui Farms Ltd.