Nuveen Natural Capital recently made its first acquisition of timberland in the Pacific Northwest. The firm purchased 47,751 acres from Green Cow in an off-market transaction. No financial terms were disclosed. The acquisition fulfills the company’s aim of providing investors with targeted exposure to sustainable timberland in core geographies. Chris Lipton, head of investments at Nuveen, said that the purchase “clearly demonstrates our depth of relationships in the timberland market and ability to deploy capital into sought-after investment geographies.” The new vehicle targets a net total return of 5 to 7 percent. Read more HERE.