6872 (2025). Francisco Hernandez to the Minister for Land Information
Written Question
Published date: 11 Mar 2025
6872 (2025). Francisco Hernandez to the Minister for Land Information: What asset valuations, if any, have been requested by the Minister or their department, if any, since 27 November 2023, and on what dates, if any?
Hon Chris Penk: I have not requested any valuations for specific Land Information New Zealand (LINZ) assets since 27 November 2023.
I have been advised that LINZ obtains valuations on a regular basis for a variety of reasons including:
• Determining holding values for the LINZ Annual Report
• Determining appropriate lease costs for commercial, residential and pastoral properties
• Supporting the transfer of assets under treaty settlement
• Supporting the sale of LINZ managed property to iwi or other parties