CAFCA asked the Overseas Investment Office for what it holds on Russian investment in NZ. We received this in April 2022:

"The Overseas Investment Office receives applications connected to Russian investors from time to time, and these make up a very small proportion of overseas investment in New Zealand. Since 2003 there have been 14 investments involving Russian investors. Seven of these have since been on-sold. Details of the remaining seven are available on our Website and are linked below".

Alexander Abramov

• Targa Capital: (this is a standing consent for a term of three years. It enables seven transactions of up to a total of 20 hectares. The first two of these transactions has been notified to the Office.
1. First notified transaction: (799m2 of land in Auckland)
2. Second notified transaction: (being analysed for compliance by the OIO)
• Helena Bay Lodge:
• Helena Bay Lodge:

"Note that there may be other consents with very small Russian investments, such as where an investment fund includes individual Russian investors, but this is not recorded by the Overseas Investment Office. There may also be Russian ownership of properties not requiring Overseas Investment Office consent and these are also not recorded (such as residential property purchased before 2018)".