Timberland investors looking to acquire assets and timber REITs seeking to grow their asset bases both made big moves over the past 16 months. Firms in Forisk’s North American Timberland Owner & Manager List were among those that conducted at least 92 publicly known timberland transactions totaling over 9.8 million acres between Q1 2015 and April 2016. This includes 29 transactions over this time frame that exceeded 20,000 acres each.
The figure below highlights how timberland transaction volume over the past five years leading to 2016 rose to levels more in line with pre-Recession markets. From 2011 through 2015, large-acre, publicly announced deals averaged 2.2 million acres and 52 closings in the U.S. annually.