44 | Feature: UK Forest Market Report 2024
SUMMARY
■The UK Forest Market Report 2024 was launched in Edinburgh and London in November
■It is jointly produced by Goldcrest Land & Forestry Group and Tilhill Forestry
■Forestry worth almost £100m was listed for sale in 2024
■The biggest determinant of valuation was the proportion of Sitka spruce on a property
FORESTRY FUTURES The forestry market in 2024 was characterised by tight supply and buyer caution, but its prospects remain strong. Sally Spencer reports
One of the key takeaways from the launch of the UK Forest Market Report (FMR) 2024 was that “the UK grows wonderful timber and the future value of this commodity should not be underestimated”.
That is the view of Jon Lambert, partner at specialist forestry firm Goldcrest Land & Forestry Group, which produced the report jointly with Tilhill the UK’s leading woodland creation, forest management and timber harvesting company (and part of the BSW Group, a member of Binderholz). The report was launched at The Signet Library in Edinburgh (from where it was also livestreamed) and at 116 Pall Mall in London on two consecutive days in November.
Above: The market has been buying forest assets that are focused on growing timber TTJ | January/February 2025 |
www.ttjonline.com
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