'Unprecedented' - Ikea reveals huge $407m spend in New Zealand
The investment is 'significant and indicates the long-term commitment to New Zealand'.
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Latest fromOverseas Investment Office
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
LINZ also announced changes to how applications would be handled, effective from today.
Cow-abunga: American surf park developer buying Dairy Flat cattle farm
Perfect waves, incredible experiences for surfers, families and kids envisaged at park.
Holiday turnaround: Australian chain gets holiday park lease
Lease is for 48 years, land is classified as sensitive, across the road from beach.
$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
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
Big new commercial hub and logistics centre is planned.
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
'The work-from-home thing is not working any more for businesses.'
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
About 500 piles have now been driven 40-50m deep across the site, an executive says.
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
Winston Peters wants Act to convince him loosening foreign investment rules is worth it.
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
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
About 160 workers were made redundant when the mill closed in 2021.
'All smiles': Pan Pac’s Napier plant reaches milestone in $280m cyclone recovery
Chip mill restarted, 120ha forest purchased.
Failed house-buyer loses bankruptcy strikeout in $756k dispute
Warnings for would-be buyers who renege.
Top law firm cautioned after ‘workaround’ advice led to foreign investment law breaches
The foreign investment watchdog said it was concerned by the law firm's approach.
'Very privileged': New York tax fraudster forced to sell luxury Kiwi vineyard
A judge said it was unfortunate Rath had 'crossed a line' by engaging in illegal activity.
‘All but die’: US firm questions Kiwi tech's $113m offshore sale, OIO again delays decision
The Commerce Commission is also looking into the deal.
Roger Partridge: Seeking Ireland’s secrets
OPINION: Few countries feel so similar as New Zealand and the Republic of Ireland.
Letters: Rental properties, nurses' pay, EVs and farm emissions
OPINION: Also letters on Kennedy Pt Marina, intellect, heating, and the harbour bridge.
F&P Healthcare cleared for $275m land deal, 104ha expansion
The new site will be a second R&D and manufacturing campus to grow operations.
Ikea-linked Dutch forestry giants buy 1600ha more land
Ministerial inquiry into destructive slash examining what needs to change.
Why drinks giant Coca-Cola is buying up Mt Wellington homes to demolish
US giant clears way for expansion of its Auckland headquarters.
Microsoft wins consent to buy 6.5ha for $180m NZ data centre
New centre will provide 50 full-time equivalent jobs.
Orcon Group-2degrees merger clears final hurdle with OIO approval
The two companies will combine operations by June 1 and be known as 2degrees.
OIO approves Austrian aristocrat's farm purchase for forestry conversion
The aristocrat has been given approval to buy another farm in NZ to plant pine trees on.
Gisborne farm leader rallies against carbon sink fears
"If the farm goes, so does the school" - Toby Williams, Federated Farmers.
Korean doctor, lawyer fined $130,000 over Helensville property deal
Dealings over Helensville land resulted in court case.
Billionaire's plan for NZ's tallest building back on track
'The delays and challenges were underestimated.'
Liquor giant Lion fined for overseas investment law breach
'They will only incur a laughable fine and get retrospective consent anyway.'