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The Business of Tourism
 
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Tuesday 25 August 2026
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OIO

OIO approves $124m Sudima Hotels internal restructuring of ownership 3rd August 2026 / /

OIO approves $124m Sudima Hotels internal restructuring of ownership

The Overseas Investment Office has approved a $124.02 million restructuring of the ownership of the Sudima Hotels group, allowing two overseas companies to acquire a combined 70% stake in its parent company.


SkyCity selling The Grand to overseas buyer 22nd July 2026 /

SkyCity selling The Grand to overseas buyer

The casino and hotel operator put the 312-room property up for sale in May as part of an asset sales programme.


Christchurch Casino, Taupō holiday park, Auckland accom deals secure OIO consent 6th July 2026 /

Christchurch Casino, Taupō holiday park, Auckland accom deals secure OIO consent

The acquisition of Skyline’s Christchurch Casino by an Australian buyer gets the green light.


OIO confirms Brookfield consent for hotels deal 4th May 2026 / /

OIO confirms Brookfield consent for hotels deal

The Overseas Investment Office has confirmed its consent for Brookfield Asset Management to acquire the operating businesses behind Rydges Wellington and Sofitel Queenstown.


Auckland Airport wins approval for 82ha land deal 4th May 2026 /

Auckland Airport wins approval for 82ha land deal

Auckland International Airport Limited has secured Overseas Investment Office consent to acquire 81.8 hectares of land in Māngere.


Queenstown luxury lodge plan secures OIO approval 2nd April 2026 /

Queenstown luxury lodge plan secures OIO approval

A Singaporean developer has been granted approval to acquire a large undeveloped site at Jacks Point in Queenstown for a new luxury lodge.


Surf park venture secures consent to acquire more land 2nd March 2026 /

Surf park venture secures consent to acquire more land

A $100m venture involving ex-All Black Sir John Kirwan and property investor Mark Francis has acquired more land to build New Zealand’s first surf park attraction, which will also have hospitality and residential elements.


…as overseas investment decision times fall 24th June 2025 /

…as overseas investment decision times fall

The average processing time for overseas investment decisions has dropped from 71 working days in the last financial year to 28 working days.


Govt overhauling Overseas Investment Act 24th February 2025 /

Govt overhauling Overseas Investment Act

The government has announced plans to reform the Overseas Investment Act, as part of its drive to lure more foreign investment to New Zealand shores as a lever for growth.


Global airport operator gets approval to invest in NZ 17th February 2025 /

Global airport operator gets approval to invest in NZ

Asia’s largest private airport operator – and the world’s second largest private operator – has been approved to invest in New Zealand.


Arrowtown golf course redevelopment gets OIO green light 30th August 2024 /

Arrowtown golf course redevelopment gets OIO green light

Two New Zealand companies and an American one have secured Overseas Investment Office permission to redevelop the Hills Golf Course and 151 hectares of surrounding land near Arrowtown.


Japan’s Toda, Tasman Tourism get go ahead for Queenstown, Coromandel acquisitions 30th May 2024 /

Japan’s Toda, Tasman Tourism get go ahead for Queenstown, Coromandel acquisitions

A Japanese conglomerate and holiday park operator Tasman have been given the green light for expansions in Queenstown and Coromandel, respectively.