Pepin Island has been sold to German businessman Tobias Janke.Photo / Attachment
Herald understands that Pepin Island, one of the most spectacular private islands on the South Island, was purchased by a wealthy German businessman.
In June, Auckland-based businessmen founded Pepin Island Ltd.
Agribusiness, corporate registration shows. Free ownership of the island will be transferred to a newly established company this month.
The businessman is Tobias Janke.
Pepin is a 518 hectare island and is a sheep farm located between Cable Bay and Delaware Bay near Nelson. It is connected to the mainland by the causeways and roads of Boulder Bank.
The central hill of the island rises about 400 meters above sea level and offers vast views of Tasman Bay, especially Mount Taranaki on sunny days.
The sale was unconditional in May and the price is understood to be close to the asking price of $ 13.5 million. The island has been on the market for three years, and in March overseas vendors lowered their asking price from $ 16 million.
An avid yachtman and formerly based in Hong Kong, Janke seems to be a relatively newcomer to New Zealand and is not well known in the local business community.
Herald contacted Janke through Auckland’s Davenport Act. He is the company he used to set up many trusts and companies in the last few months.
Associate Rachael Leigh confirmed that Yanke had received an interview request, but he did not respond to Herald and Lee refused to answer questions about her client.
The Foreign Investment Office has confirmed that it has not received an application to sell Pepin, which would be required if the purchaser was not a resident or citizen of New Zealand.
Janke moved from Germany to Hong Kong in the early 1990s and, in collaboration with his friend Thomas Freidel, founded Cosmocon International, a lighting manufacturing business that manufactures products for the European market.
The company is private and the Hong Kong company’s register does not show any shareholding, but Janke is listed as the company’s corporate secretary.
The 2016 Panama Papers (a large amount of file leaks from Panama law firm and offshore financial services provider Mossack Fonseca) with Janke as a shareholder of Windbreaker Investments Ltd, founded in the British Virgin Islands in 2005. Listed business partners Freidel. , And linked to Hong Kong.
Janke and his wife Nicola Muller are known to the New Zealanders for their marital-led humanitarian efforts after meeting a seriously ill girl Michelin Warri on the island of Pentecost in Vanuatu in 2018.
Janke and Mueller helped a girl shepherd suffering from an autoimmune disease through elicited treatment and recovery.
The couple raised about $ 95,000 through the Give a Little page to fund the care of their children. They said hospital costs in excess of $ 200,000 in Port Vila, the capital of Vanuatu alone.
A 2019 article on this initiative published in Herald explains that the couple and their two young daughters are German citizens who have recently lived in New Zealand. Mueller said friends and members of the Janke family covered the cost balance for Michelin care.
At that time, the family recently spent several years sailing around the world on the 16-meter catamaran Invictus.
According to real estate records, the house was purchased shortly after living in New Zealand.
In late 2019, Janke and Mueller paid $ 9.25 million for a luxury home in Red Bluff Rise at Campbells Bay on the North Shore of Auckland. The property offers a swimming pool, cable car access to the beach from a clifftop location on the house, and views of Haulaki Bay and the islands. Recently valued at $ 12 million.
Andrew Newton, a farm manager on Pepin Island, refused to discuss the new owner, but said, “I don’t think there will be any major changes from the current operation of the island.”
Newton has lived on the island for decades with his wife Nikki, where he has raised a large family. The couple continued to occupy the main seven-bedroom farmhouse in the matter, and Newton confirmed that he would remain under the new owner “with some ability.”
His daughter, Daniel Newton Carbury, will continue to operate the tourism accommodation business and manage reservations for three small cabins scattered throughout the premises.
Newton said he wasn’t discussing public access with the new owner. In recent years, the island’s circuit tracks have been open to the public every other year as a local fundraiser.
The island’s coastline is popular for kayaking and boating, and there are beaches open to the general public until high tide.
Newton is the only director of Yanke’s newly established Pepin Island Limited. The company is owned by Invictus Investment Trustees Ltd, which is owned by Yanke and a second trust.
Last year, Yanke bought a small house in a large area of Gisborne for just under $ 500,000.
And in recent months, Janke and Auckland-based real estate developer Todd Skraft has set up five companies.
Scrafton is the managing director of the construction company Iconiq Group, whose customers include Crown agency and public housing developer Kainga Ora. The company’s website describes Iconiq as based in both Auckland and Gizburn. Build relocatable homes at Gisborne’s facility. Skraft refused to answer Herald’s question about his business plan with Janke.
Mayor of Nelson Rachel Reese has decided to buy Pepin after the local Nelson City Council and the Nature Conservation Agency (DOC) were put up for sale by owner Olivia Kaietana Wholeman (also a German citizen) in 2018. I wanted it.
However, “Given that we already own vast land in conservation and landscape reserves, it was not economically feasible for Congress to buy, maintain and develop Pepin Island.” Reese said.
A DOC spokesman said in early 2019 that the department had discussed Pepin’s ownership with Reese.
“We realized that Pepin Island has some biodiversity value, but we did not guarantee partial funding for DOC funding or real estate purchases,” a spokeswoman said. rice field.
The sale, although newly built 26 years later, indicates that Pepin has returned to New Zealand ownership.
Wholeman’s mother, the German businessman Hohenzollern, purchased the island in 1995 for $ 2 million.
Wealthy German businessman revealed as a buyer on Pepin Island
SourceWealthy German businessman revealed as a buyer on Pepin Island