Watchdog approval for two luxury property sales
Two luxury property deals have been approved by the Government's foreign investment watchdog.
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Two luxury property deals have been approved by the Government's foreign investment watchdog.
Bill Birnie has consent to sell 21.2ha of land at the clifftop Bay of Islands subdivision, Mataka, on the Purerua Peninsula for $862,500, the Overseas Investment Office has ruled.
In the south Wairarapa, American investors can expand their interests at Wharekauhau resort, for a sum yet to be declared.
The office released both rulings on Thursday and said consent was required because the deals were for land deemed sensitive.
NBR staff
Fri, 01 Apr 2011
Fri, 01 Apr 2011
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Watchdog approval for two luxury property sales
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