Molpus Woodlands Group purchased 117,773 acres of Southern timberland from clients of Manulife Investment Management. The properties, which span eight East Texas counties and eight Northwest Louisiana parishes, contain a large inventory of high-quality timber.With strong established ties in those states, the timberland investment management company’s intention is to strengthen its presence in that region. Increased access to regional timber markets that include paper, pulp, lumber, and panel producers will maximize the long-term return potential of the investment. Timberlands historically provide both attractive returns and provide steady tree growth. Molpus’s vertically integrated management team will oversee the management of the timberland, including volume commitments and opportunistic open market timber sales. The acquisition includes measures to protect biodiversity, at-risk species, and wildlife habitats, and aligns with the company’s commitment to environmental, social, and governance (ESG) policies. Read more HERE.
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