The Africa-focused investor has completed the acquisition of the Danish sawn timber producer as it moves to scale up its agri and forestry exposure.
Tag Archives | timberland
BTG hopes to raise $200m annually to build a diversified US timber portfolio, in part from assets within funds raised in the mid-2000s now reaching the end of their lives.
The IPD UK Annual Forestry Index recorded an annual return of 10.7%, a decline on 2014 and 2015 levels.
Kevin Bates of Olympic Resource Management describes the shortcomings of the current practice of conducting timberland appraisals at the end of the fourth quarter each year.
The acquisition by Atlanta-based Domain includes a $1bn timberland portfolio and ends the involvement of SEC-sanctioned Timbervest executives.
The $402.5m deal includes more than 300,000 acres of timberland and a plywood and veneer manufacturing business in the South American nation.
The investment from the Swiss fund will be spread across Stafford International Timberland Fund VIII, co-investments and its first ag separate account.
Neil Woods, portfolio manager for timber & agri at NZ Super – a significant investor in New Zealand’s agricultural sector – talks about the fund’s plans to diversify by investing outside New Zealand and beyond dairy.
Investment of $3m from the €84m Moringa fund will help Asante Capital’s efforts to develop plywood, essential oils and food products industries in the east African nation.
MassPRIM’s Real Estate and Timberland Committee recommended that Danish timberland investment manager International Woodland Company will be paid a total of $400,000 over three years.