KEY POINTS:
More than 700ha of land was sold to foreigners in December.
The Government's Overseas Investment Office said one of the largest deals approved was for the United States-controlled CAIRD to take over Australian-owned DCA Group for $201 million, the parent company of DCA Healthcare NZ. The company runs aged accommodation and healthcare businesses.
The amount of land involved was just over 11ha.
Hirequip's $166.9 million sale to Japan's Nikko Principal Investments was approved as was the sale of Auckland's Rendezvous Hotel for $113 million from Abacus Group of Australia to Singaporean-controlled CDL Hospitality Trust.
Australia's Macquarie Goodman Group was allowed to sell 2ha of an East Tamaki industrial land project to the Macquarie Goodman Property Trust for $4.9 million.
The land is at Highbrook Business Park, a $1 billion development in which the Australians hold a 75 per cent stake.
Swiss aggregates specialist Holcim was allowed to buy 61ha of land in Pukekohe from Malcolm and Janet Douglas for $2.8 million.
The land on Settlement Rd will become a quarry with the hope it will replace a Bombay quarry.
Middle Mount Forest of Switzerland received approval to buy 669ha of Southland land from the Dunedin City Council's City Forests for $3.2 million.
Gibbston Valley Lodge of the US was allowed to buy 9.9ha of Central Otago land for $2.5 million from other Americans, the Andrus family.
