Federated Farmers announces a great gift to New Zealand…from those awful foreign owners that no one likes and would oppose ever coming here to own our land.
The generosity of foreign investors has created New Zealandâs largest ever private land protection agreement at 53,000 hectares; equivalent to 240 Cornwall Park/One Tree Hill Domains.
âIt is exciting that a Queen Elizabeth II covenant now covers the iconic high country over most of Motatapu, Mount Soho, Glencoe and Coronet Peak stations,â says Dr William Rolleston, Federated Farmers President.
âThis is the other face of foreign ownership, perhaps best explained by dual Federated Farmers/Forest & Bird life member, Gordon Stephenson, who commented: âthis is the first time a whole landscape is being put into a covenantâ.
âSoho Properties have gone massively over their Overseas Investment Office requirements, not only with this generous gift, but by investing in pest weed and pest plant control, fencing and the reintroduction of native fauna. It extends to the Walking Access Commission too.
âAlmost all of the previously farmed areas will be retired from farming with the exception of the valley floors, where 10,000 stock units will continue to be farmed.
âFederated Farmers, having played a key role in forming the QEII National Trust, congratulates everyone at Soho Properties and the National Trust.Â Read more »