Brookfield is one of the largest global timberland managers with over 2.5 million acres and $3.5 billion of timberland assets under management.
Brookfield’s investment strategy is to acquire quality timberland assets and actively manage them to achieve strong risk-adjusted total returns over the long term. Brookfield focuses on investments in regions with well-established wood-consuming economies, well-capitalized domestic converting customers and/or good economic access to export markets, low currency risk and a strongly embedded concept of private property rights generally supported by effective legal and land title systems.
In executing this strategy, Brookfield draws upon more than three decades of experience directly owning, managing and financing timberlands and paper and forest products companies in North and South America. Brookfield is a vertically integrated timberlands manager, retaining control over all aspects of decision making.
Brookfield’s investment of capital alongside investors ensures alignment of interest and commitment to buying and managing assets well. Brookfield’s private timberland funds include:
Island Timberlands LP
Brookfield launched its first private timberlands fund, Island Timberlands LP, with the 2005 acquisition of 635,000 acres of fee simple timberlands in British Columbia, Canada. This fund is focused on growing and harvesting high quality timber and other forest products for a broad customer base primarily located in Asia and North America. Recognized as one of the best sources of large Douglas-fir, hemlock and cedar in North America, Island Timberlands is the second largest private timberlands holding in British Columbia and the second most valuable private timberland estate in Canada.
Brookfield Brazil Timber Fund
Brookfield’s Brazil Timber Fund, established in December 2007, owns approximately 235,000 acres of freehold timberland across the states of Santa Catarina, Paraná, Minas Gerais and Mato Grosso do Sul. In aggregate, the Fund’s plantations represent a well-balanced species mix with 30% pine and 70% eucalyptus stands. The Fund’s pine timberland properties are located within the most competitive softwood processing and consuming regions in Brazil, while the eucalyptus timberland properties are positioned within the most dynamic pig iron producing regions in the country. The platform positions Brookfield to effectively source and structure further acquisitions in Brazil.
Brookfield Global Timber Fund
Brookfield’s Global Timber Fund acquired a 77% interest of Longview Timber Holdings Corp. (“Longview”) in October 2008. Longview encompasses 655,000 acres of high quality, fee simple timberlands located largely on the Westside of Washington and Oregon, recognized as one of the best timber growing regions in the world. Longview's timberlands have a long history of active management and conservative harvest levels creating excellent harvest opportunities going forward. Longview is well positioned in its marketplace with excellent access to both domestic and export markets and a regional domestic market that is relatively fibre short with a very competitive converting industry.
Brookfield also manages Acadian Timber Corp., a timberlands company listed on the Toronto Stock Exchange under the symbol ADN. For further information regarding Acadian, please visit www.acadiantimber.com.
Brookfield believes that comprehensive and timely information is critical to investment and operational decision making. Brookfield’s professionals actively participate in industry conferences, tours and workshops, while also maintaining active board and advisory roles in forest breeding, nutrition and nursery firms and cooperatives, in addition to regional and national regulatory advisory boards. Brookfield also produces external research on global timberland investing. Click here for access to our latest publications.
For more information, please contact:
Leigh Tang
(604) 661-9143
leigh.tang@brookfield.com