What’s happening in the market for commercial woodlands?
by Angus, 6 December, 2012, 2 comments
Every year Tilhill produce a report on the state of the forestry market and this was just launched. What their Forest Market Report 2012 shows is that UK forestry is dominated by Scotland where about 3/4 of transactions by value take place and the market is currently very buoyant - so much so that the average selling price in 2012 was almost double the average guide price. Even for these larger conifer woodlands the price reached about £6,500 per hectare. According to the Tilhill figures the average size of woods that come to the forestry market in Scotland is 157 acres (387 acres) whereas in Wales it is much smaller at only 66 hectares (163 acres). The report calculates that over the last 10 years average forestry values have gone up steeply and have increased by almost 17% per year. Read more...
