1,059-acre forestry portfolio offers sustainable investment at €7.5m

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 53 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 66%
  • Publisher: 98%

Lisney-Commercial-Real-Estate News

Forestry,Esg,Wicklow

11 plots distributed across Wicklow, Kildare, Louth, Westmeath, Donegal, Galway, Cork and Waterford

Investors looking for a secure and stable return while meeting their ESG goals will be interested in the sale of a substantial forestry portfolio distributed across eight counties. The portfolio, which comprises 428.7 hectares , is being offered to the market by agent Lisney at a guide price of €7.5 million for the entire portfolio. The lots, which are 27-241 acres in size, are also being made available for sale individually at prices from €235,000 to €1.155 million.

Each plot has been managed in accordance with both FSC and PEFC standards, thereby providing a blend of commercially viable and environmentally sustainable opportunities. The importance of the subject portfolio is easily understood when viewed against the backdrop of last year’s planting figures which fell short of the Government’s 8,000-hectare target. Forests play a crucial role in both the removal of carbon from the atmosphere, and in the mitigation of greenhouse-gas emissions. Ireland’s forest coverage is among the lowest in the EU at 11.6 per cent, prompting calls to reach 18 per cent coverage by 2050 as part of the country’s climate-action plan.

Cathal Daughton and Thomas Byrne of Lisney Commercial Real Estate say: “We expect the sale of this portfolio to attract strong interest from national and international investors seeking stable returns, ESG alignment and portfolio diversification. This investment is supported by favourable market dynamics and government policies promoting forestry investment in Ireland.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines