The sale of Whanganui District Council forestry to a foreign buyer has been delayed as it waits for Overseas Investment Office (OIO) approval.
A buyer has been lined for four of the district's forests - McNabs, Te Ara To Waka, Sicilies and Tauwhare - for the past few months and a decision had been expected by now.
Council property general manager Leighton Toy said the OIO's decision would be now be known later this year.
"The OIO has issued the forestry company a further request for information for its application," he said.
"This is likely to delay the sales process, and we will know more by October."