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New Zealand forestry investment offers stability claim experts
01/04/2009
New Zealand has become a centre for investment in timberland and firms that offer forestry investment schemes claims the asset class is providing sturdy returns despite the global recession.
Matthew Barton of Greenplan, which has around 7,500 investors in over 60 forest partnership says, “the trees aren't feeling the recession.”
He adds that most of the firm’s investors are a dozen years or more away from the time when their trees will be harvested and can, therefore “ignore” the current turbulent economic climate.
Rowan Kearns from another investment firm, Forestland, says that trees offer something solid to invest in, as opposed to “paper thin” investments that are so vulnerable to economic variables.
He adds, “our investors could go and have a look at the trees. They can see them, touch them, sit under them and have a picnic.” He says that people who understand the concept of investing in trees see the investment as if they are putting a few thousand dollars into a house that’s worth hundreds of thousands of dollars, that they will get to use later on. “It is so cheap to get into and it just keeps growing," says Kearns.
Matthew Barton of Greenplan, which has around 7,500 investors in over 60 forest partnership says, “the trees aren't feeling the recession.”
He adds that most of the firm’s investors are a dozen years or more away from the time when their trees will be harvested and can, therefore “ignore” the current turbulent economic climate.
Rowan Kearns from another investment firm, Forestland, says that trees offer something solid to invest in, as opposed to “paper thin” investments that are so vulnerable to economic variables.
He adds, “our investors could go and have a look at the trees. They can see them, touch them, sit under them and have a picnic.” He says that people who understand the concept of investing in trees see the investment as if they are putting a few thousand dollars into a house that’s worth hundreds of thousands of dollars, that they will get to use later on. “It is so cheap to get into and it just keeps growing," says Kearns.
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