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Trees growing in the jungle in Luang Prabang, Laos.
New Forests plans to create economies of scale with the Burapha Agro-Forestry investment, building upon a previous TAFF2 acquisition in Laos.
Jim Heyes says the new role will see him taking on some responsibility for setting strategy and overseeing operations at the Bethesda, Maryland-headquartered African forestry manager.
Washington’s Olympic Peninsula
Chief executive Bettina von Hagen says the 676,000 carbon credit offtake agreement was key to pulling together investors and winning the auction for a 68,000-acre forestry asset.
Tokyo, Japan at sunset with Mount Fuji in the background
Paper manufacturer Oji will invest nearly $300m into the Future Forest Innovations Fund, mainly targeting investments in Southeast Asia, Latin America and Africa.
timberland, logs, forestry
Rayonier president and chief executive Mark McHugh said the New Zealand joint venture’s value is not fully appreciated in public markets.
Oregon Timberland
Partner Jeff Zweig says the 6,650-acre property will supply local and export customers and provide an opportunity to demonstrate the active management that drives the firm’s open-end timber strategy.
RFG president Sage Hirschy says 405 Timber Opportunities will acquire properties well suited to recreation and hunting property development within two hours of major cities in the US Southeast.
2024 saw growing interest in the reforestation market reflected through capital commitments, long-term deals for credits and financial products aimed at supporting the broader market.
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