Americans the biggest buyers of New Zealand land since 2010, Linz data shows

Thu, 29 Jan 2015

By Fiona Rotherham Jan. 29 (BusinessDesk) - Americans have been the biggest buyers of New Zealand land in the past five years although the Chinese topped the list in 2014 alone. Figures released by Land Information New Zealand of approved investments since 2010 shows a breakdown of buyers by country and by industry. The figures come amid renewed concern over foreign buyers contributing to rising house prices, particularly in Auckland, and of increasing amounts of farmland heading into offshore hands. Of the 646,190 hectares sold during...

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