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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Property
3 mins to read

Duke of Westminster gets OIO forestry conversion clearance

King Charles’s godson gets only approval granted so far under new Overseas Investment Act rules.

Duke of Westminster Hugh Grosvenor is a descendant of Tsar Nicholas 1 of Russia and godson of King Charles.

NBR Staff Thu, 31 Aug 2023

Under new rules governing conversion of farmland to forestry, the first and only consent granted so far went to one of Britain’s richest people, the Duke of Westminster and godson of King Charles, Hugh Grosvenor, latest disclosures show.

Last year the Overseas Investment Act was changed to

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NBR Staff Thu, 31 Aug 2023
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Duke of Westminster gets OIO forestry conversion clearance
Property,
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