Why the broad appeal of Forestry ownership?
Forestry and the forest industry have undergone a renaissance in recent years, which has seen a resurgence in popular public and political support accompanied by the growing appreciation of the wide-ranging benefits delivered by forestry. From tourism to carbon storage, flood attenuation to landscape, there is an awful lot to recommend forestry and forest ownership, however it is forestry’s ethical, green economic credentials that are increasingly attracting would be forest owners.
The UK’s forest industry is a relatively new phenomenon, with a rapid expansion in the planting of commercial coniferous forests in the 1960s through to the late 1980s creating much of the woodland resource we see today. In the intervening years, while the trees have been steadily growing, so too has the development of the forestry sector, which has seen significant inward investment in state of the art sawmills and processing sectors, and the development of a well-regulated industry, with certification of its high quality, sustainable products at its core.
We have long been net importers of timber, with 60% to 80% of our wood requirements being brought in from outside the UK. This reflects the increasingly global nature of timber supply and demand, with many, including the Food and Agricultural Organisation of the U.N., forecasting increasingly constrained supplies of timber in an expanding global market place over the next decade. So, with a back drop of increasing demand, increasingly constrained global supply and in a period of historic low interest rates, with volatile investment and currency markets is it any wonder forestry with its tangible, asset-back investment is so popular?
So, is forestry investment just for the uber-rich, who are keyed-in to the global macro-economics of the international timber commodities markets? Not a bit of it! Forestry ownership has a broad appeal across a wide range of demographics and budgets, from those seeking their own little corner of this verdant country, to those seeking a medium to long-term investment which they can enjoy and watch grow with their families, to the larger institutional investors, such as pension funds, who see safe and steady returns from forestry as a sound, green, ethical investment.
The following forest properties are examples of properties currently being marketed that fall into each of these categories:
A place away from it all:
- Feochaig Woodland, Kintyre, 39ha – Offers Over £45,000
- Campwood, Lanark, 12ha – Offers Over £50,000
- Drumtassie Woodland, West Lothian, 31ha – Offers Over £100,000
An affordable investment opportunity:
- Brackenhirst Forest, North Lanarkshire, 47ha – Offers Over £250,000
- Wester Dunsyston Forest, North Lanarkshire, 47ha – Offers Over £235,000
- School Wood, Clackmannanshire, 57ha – Offers Over £300,000
- Wester Leochel Wood, Aberdeenshire, 48ha – Offers Over £210,000
- Dorrachan Forest, Invergordon, 122ha – Offers Over £350,000
Larger scale investment proposition:
- Glen Shiel Forest, Highland, 398ha – Offers Over £715,000
- Wilderness Forest, Invergordon, 218ha – Offers Over £775,000
- Glenkirk Forest, Highland, 1,186ha – Offers Over £3,200,000
Properties coming to the market soon:
- Glen Forsa, Isle of Mull, 97ha
- Craigielands Woodlands, Dalbeattie, 35ha
- Kynballoch Forest, Perthshire, 128ha
- Nether Hill Forest, Dumfries & Galloway, 73ha
- Gartnafuaran Forest, Stirlingshire, 230ha
- Meetlaw, Stonehaven, 44ha
- Brawlbin Forest, Caithness, 435ha
- Marybank Forest, Invergordon, 50ha
- Grudie Forest, Highland, 377ha
For independent advice on forestry investment and management, please contact our Forestry Team.