AAA,
an alternative investment advocacy group, has announced that it is
welcoming the news of potential buyers for plantations owned by a
collapsed forestry firm in Tasmania.
Boston,
MA, USA, October 12, 2012 -- Alternative Asset Analysis (AAA), an
alternative investment advocacy group, has announced that it is
welcoming the news of potential buyers for plantations owned by a
collapsed forestry firm in Tasmania.
The
100,000 hectares of plantation space is thought to still be managed
by the insolvent Tasmanian firm, called Gunns. The firm entered
administration in late September and potential buyers for the
plantation land, which could be very lucrative and attractive to
investors, are being looked into by receiver KordaMentha.
There
is already interest from clients of the New Forests investment fund
in Sydney, manager David Brand has claimed. Brand stated that the
price of the plantation land is still unclear, however, with prices
ranging from a few hundreds Australian dollars to as much as A$8,0000
per hectare being mentioned.
He
added that the value of the plantation that will be manageable under
the new certification from the forestry Stewardship Council, which
shows that the plantations are managed sustainably.
AAA's
analysis partner, Anthony Johnson, said that the news that
FSC-certified plantations are more attractive and possibly more
valuable than forests that are not managed sustainably is great news
for the environment. "Not only is it good news from an
environmental perspective, but it also means that sustainable
management may become increasingly popular in countries like Brazil,
where the future of the local communities can rely on the industry."
The
government of Tasmania is, in the meantime, hoping that an investor
from china may pay up to A$2.3 billion for the pulp mill that was
owned by Gunns.
The
popularity of sustainable forestry as an alternative investment
choice is growing all the time, claims AAA, which supports plantation
projects like the ones operated by Greenwood
Management in Brazil. These projects provide
alternative timber products to those produced using native forests,
which are vulnerable and extremely valuable from a ecological point
of view.
About
Alternative Asset Analysis:
The
remit of Alternative Asset Analysis is to analyse and provide news on
the global performance of a wide range of alternative asset classes
including, but not restricted to, commodities, real estate, forestry,
foreign exchange, hedge funds, private equity and venture capital.
Media
Contact:
Anthony
Johnson
Alternative
Asset Analysis
71
Commercial St
Boston,
MA 02109-1320
617-939-9596
