An overseas investor has bought another Hawke’s Bay farm for forestry. Who are they?

Premium‌The Omakere farm will be converted to forestry. Once matured, the trees will be harvested and replanted. Photo / NZMEThe Omakere farm will be converted to forestry. Once matured, the trees will be harvested and replanted. Photo / NZMEAn overseas investor is becoming a prominent buyer of Central Hawke’s Bay farmland for forestry conversion, purchasing its fourth farm in the region in the space of 18 months.

Kauri Forestry Limited Partnership recently purchased 360ha of farmland at 139 Clareinch Rd in Omakere to convert to a pine forest,