Caddo Sustainable Timberlands (CST), a platform created by BTG Pactual Timberland Investment Group and British Columbia Investment Management Corporation, announced the acquisition of 119,000 acres in July. The acquisition increases CST’s Texas timberland holdings to 831,000 acres. In a published statement, CST President John Lock said, “Caddo Sustainable Timberlands is very excited to add these high quality, well-managed timberlands to our portfolio, which allows us to grow our already substantial footprint in East Texas and extends our ownership into Louisiana. This acquisition cements our position as the largest private timberland owner in Texas, which is pretty exceptional considering the rich history of land ownership in the state. We will implement the same responsible sustainable forest management practices that our business is founded upon and look forward to continued collaboration with industry stakeholders throughout East Texas and Louisiana.” Read more HERE.
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