Forestland Investment: Valuation and Analysis

Forestland investment has surged due to land ownership change in the forestry industry, with timberland investment and management organizations and real estate investment trusts buying up land and resources. This book provides a comprehensive coverage of this seismic shift, exploring the philosophy, driving factors, valuation, theory, research, implementation, practice, and effects of forestland investment. It also discusses how forest carbon can be used as a nature-based climate solution.

Format: Paperback / softback
Length: 214 pages
Publication date: 13 July 2023
Publisher: Taylor & Francis Ltd

Forestland investment has experienced a significant surge in recent decades, driven by a transformative shift in land ownership within the forestry industry. Timberland investment and management organizations, as well as real estate investment trusts, have capitalized on the divestment of land and resources by vertically integrated forest products companies. This book offers a comprehensive exploration of this seismic shift, delving into the philosophy, driving factors, valuation, theory, research, implementation, practice, and effects of forestland investment. Spanning 15 chapters, the book provides a thorough review of the history of forestland investment, discussing optimal forest rotation, timberland appraisal, return drivers, timberland index construction methods, pricing of timberland assets, financial and real options, real option values in forestland management, evaluation of timber harvest contracts, exploration of new opportunities in the emerging woody bioenergy market, and prospects for forestland investment in the future. Additionally, it sheds light on the potential of forest carbon as a nature-based climate solution. This book serves as a vital resource for forestry business students, scholars, practitioners, and policymakers, providing valuable insights into the evolving landscape of forestland investment.

Forestland investment has surged in the past few decades as a result of land ownership change in the forestry industry. Timberland investment and management organizations and real estate investment trusts have bought up land and resources that were divested by vertically integrated forest products companies. This book provides a seminal coverage of this seismic shift in the industry,exploring the philosophy, driving factors, valuation, theory, research, implementation, practice, and effects of forestland investment. Across 15 chapters the book reviews the history of forestland investment; discusses the optimal forest rotation; explains timberland appraisal; examines the return drivers of forestland; analyzes timberland index construction methods and results; prices timberland assets; reviews financial and real options; investigates real option values in forestland management; evaluates timber harvest contracts; examines new opportunities in the emerging woody bioenergy market; and eventually offers prospects on forestland investment in the future. It also discusses how forest carbon can be used as a nature-based climate solution.

This book is essential reading for forestry business students and scholars, as well as practitioners and policymakers in the industry. Forestland investment has experienced a significant surge in recent decades, driven by a transformative shift in land ownership within the forestry industry. Timberland investment and management organizations, as well as real estate investment trusts, have capitalized on the divestment of land and resources by vertically integrated forest products companies. This book offers a comprehensive exploration of this seismic shift, delving into the philosophy, driving factors, valuation, theory, research, implementation, practice, and effects of forestland investment. Spanning 15 chapters, the book provides a thorough review of the history of forestland investment, discussing optimal forest rotation, timberland appraisal, return drivers, timberland index construction methods, pricing of timberland assets, financial and real options, real option values in forestland management, evaluation of timber harvest contracts, exploration of new opportunities in the emerging woody bioenergy market, and prospects for forestland investment in the future. Additionally, it sheds light on the potential of forest carbon as a nature-based climate solution. This book serves as a vital resource for forestry business students, scholars, practitioners, and policymakers, providing valuable insights into the evolving landscape of forestland investment.

Weight: 430g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032433097