Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Large-scale forest for sale near Taumarunui

Large-scale forest for sale near Taumarunui


A 3000-hectare forest for sale near Taumarunui is one of the largest forestry blocks to be offered on the open market in recent years.

While forestry estates of this scale are often sold privately, Oio Forest is a first rotation forest for sale by tender.

LJ Hooker rural sales agent Warwick Searle said the size and quality of the forest made the sale significant.

“Oio is a young forest of the highest quality, so there is excellent potential for future growth. Corporate and institutional investors looking for a 30-year investment cycle or established forest owners with a mid to late harvest rotation who want to even out their estate are likely buyers.”

Located in a proven growing area 30 km from Taumarunui, Oio Forest has a net stock area of 2923 ha planted with two age classes of Pinus radiata.

“All the hard work as been done here with plantings of quality trees, and council roads and ATV tracks providing easy access throughout,” Mr Searle said.

While processing facilities at nearby Kariori and Tangiwai would suit local log traders, overseas exporters have the option of shipping logs offshore from ports at New Plymouth, Tauranga, or Napier.

Tenders close on 23 May 2014.

Ends.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

LA-London Out; Auckland-NY In: "New Era" For Air NZ International

Air New Zealand is accelerating its ambitions for North America and will launch a non-stop service between Auckland and New York using its 787-9 Dreamliner in October 2020. More>>

ALSO:

Data Investment: Govt Backs Te Reo, Environmental Data Research

The Government is investing in ambitious research that will digitise Te Reo, grow the low-carbon protein efficient aquaculture industry, help interpret environmental trends, and large data sets says Research, Science and Innovation Minister Megan ... More>>

ALSO:

Training: 27 Percent Increase In Trades Academy Places

Two secondary-school initiatives are being expanded as part of the Government’s plan to see more young New Zealanders take up a trade to help close the skills gap. More>>

ALSO:

Unsolicited Messages: NZ Company Fined $36,000

The New Zealand Trustees Association (NZTA) and founder, Errol Anderson, have been fined a total penalty of NZ$ 44,000 in the Auckland High Court for sending unsolicited commercial electronic messages. More>>

Marine And Freshwater Reports: EDS Calls For Urgent Action On Marine Management

“There are some big issues to address. These include many marine species and habitats that are in serious trouble. Of the sample investigated, the report finds that 22% of marine mammals, 90% of seabirds and 80% of shorebirds are threatened with or actually at risk of extinction..." More>>

ALSO: