OIO facilitates New Yorker's 'grape escape'
Colin Rath able to buy sensitive land without proving the sale is likely to benefit New Zealand.
Nick Grant
Fri, 02 Mar 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The Overseas Investment Office (OIO) has approved the sale of 28.7 hectares in Waipara, Canterbury to US citizen Colin Rath without him having to show his investment in sensitive land is likely to benefit New Zealand.
The land, which includes an operational vineyard and a bistro, and had a $2.1
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Nick Grant
Fri, 02 Mar 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.