Latest from Overseas Investment Office

Kiwifruit orchard bought to fund Mormon Church

Profits from the 45ha Bay of Plenty orchard will support global church work.

‘Focus on sustainably grown timber’: Ikea company buys forests in North

Ingka Investments' 12,900ha deal covers nine forests, subject to OIO approval.

Hobson Green rising

Housing estate built at Hobsonville, Auckland in 2021. Video posted to Facebook by surveying, architecture, design, structural engineering, & project management firm Hampton Jones

$20m+ collapse: Six companies in liquidation, creditors named

It is too soon to say if any money will be available to pay debts.

Powerco to buy Gisborne and Wairoa's electricity distributor, Clarus to be sold to foreign firm

Powerco will apply for approval of the purchase from the Overseas Investment Office.

Brookfield close to buying NZ's Clarus - report

The deal is tipped to value Clarus Group at about $2 billion.

Real estate agent, husband fined after flouting foreign buyer ban

A court ordered the couple and associated companies to pay $971k for breaches of the law.

Seascape developer seeks foreign buyer exemption to finish $300m+ Auckland tower

'Delays caused unique financial pressure on the developer' - Overseas Investment Office.

Housing lift ahead: $5m foreign buyers expected to fuel market activity

'More confidence is starting to brew in the economy with interest rates coming down.'