Latest fromOverseas Investment Office
![Property Insider: 25-level LynnMall tower details out; Westgate food hub rises](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Property Insider: 25-level LynnMall tower details out; Westgate food hub rises
NZX-listed giant has for two years had towering plans for New Lynn so what's the holdup?
![Massive $458m property deal planned: Vero Centre to be sold](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Massive $458m property deal planned: Vero Centre to be sold
Overseas Investment Office approval needed, buyer's identity remains unknown.
![Hang the DJ? ComCom delays $116m Serato call for a fifth time](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Hang the DJ? ComCom delays $116m Serato call for a fifth time
Why the decision leaves the deal looking in need of a remix.
![Why foreign investment is falling globally](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Why foreign investment is falling globally
And what the OECD says economies should do about it.
![Project Kea can buy Canterbury land for giant rubbish recycling plant](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Project Kea can buy Canterbury land for giant rubbish recycling plant
Two ministers signed off on the land deal for the project, opposed by some locals.
![$2.2 billion Wētā Digital deal described as terrible for Unity](/pf/resources/images/placeholders/placeholder_l.png?d=808)
$2.2 billion Wētā Digital deal described as terrible for Unity
The collapse of a $2.2b deal for VFX software leaves Wellywood more powerful than ever.
!['Unprecedented' - Ikea reveals huge $407m spend in New Zealand](/pf/resources/images/placeholders/placeholder_l.png?d=808)
'Unprecedented' - Ikea reveals huge $407m spend in New Zealand
The investment is 'significant and indicates the long-term commitment to New Zealand'.
![Govt opening door for more foreign buyers to purchase NZ farmland: Labour](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Govt opening door for more foreign buyers to purchase NZ farmland: Labour
'It’s a major concern, we’re a sovereign country we need to ensure we control our future.'
![BlackRock-managed partnership wins consent for $110m Auckland land deal](/pf/resources/images/placeholders/placeholder_l.png?d=808)
BlackRock-managed partnership wins consent for $110m Auckland land deal
LINZ also announced changes to how applications would be handled, effective from today.
![$1.4b sale: Singaporeans want to quit five NZ malls](/pf/resources/images/placeholders/placeholder_l.png?d=808)
$1.4b sale: Singaporeans want to quit five NZ malls
A non-management stake in five NZ malls with $2.37b annual sales is on the market.
![Where new supermarkets have opened and might rise soon](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Where new supermarkets have opened and might rise soon
Where are new stores opening? One store shut in Flaxmere but that's been eclipsed.
![Two ministers clear giant $96m Hamilton purchase, new hub planned](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Two ministers clear giant $96m Hamilton purchase, new hub planned
Big new commercial hub and logistics centre is planned.
![Dark centres, bright future: Goodman Property Trust eyes expansion](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Dark centres, bright future: Goodman Property Trust eyes expansion
'Investment in data centres is a big deal around the world but not in New Zealand': CEO.
![Watch: NZ's most expensive office block topped off, sale deal struck](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Watch: NZ's most expensive office block topped off, sale deal struck
'The work-from-home thing is not working any more for businesses.'
![Murder on the dancefloor? Watchdog could kill $113m DJ software deal](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Murder on the dancefloor? Watchdog could kill $113m DJ software deal
The Commerce Commission has issued an unusually pointed update.
![Ikea’s first NZ store: Watch drone footage](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Ikea’s first NZ store: Watch drone footage
About 500 piles have now been driven 40-50m deep across the site, an executive says.
![Biggest foreign investment deals of 2023](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Biggest foreign investment deals of 2023
Which countries are most active, what sectors are they buying in and what prices are paid?
![Potential battle brewing over foreign investment](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Potential battle brewing over foreign investment
Winston Peters wants Act to convince him loosening foreign investment rules is worth it.
![Malaysian company fined after $50m Parnell land splurge](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Malaysian company fined after $50m Parnell land splurge
Business cops penalty and hopes to start building terraced apartments next year.
![$100m-plus funeral/burial sector deal wins consent](/pf/resources/images/placeholders/placeholder_l.png?d=808)
$100m-plus funeral/burial sector deal wins consent
The vendor has national operations in the funeral sector and is listed on the ASX.
![Through the mill: $11m 'fire sale' for closed Tasman paper plant](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Through the mill: $11m 'fire sale' for closed Tasman paper plant
About 160 workers were made redundant when the mill closed in 2021.