PPF, UniSuper and APG acquire Tasmanian estate

Tasmania’s largest forestry estate provides sustainable hardwood to Australia and abroad

Jasmine Urquhart
clock • 2 min read
The Tasmanian estate is one of Australia's largest plantation hardwood estates
Image:

The Tasmanian estate is one of Australia's largest plantation hardwood estates

The Pension Protection Fund (PPF) alongside Australian superannuation fund UniSuper and APG Asset Management have acquired Tasmanian private forest management company Forico and its estate in Tasmania.

The trio will own 33% of Forico and its 170,000-hectare hardwood estate, which is the largest freehold land estate in Tasmania and provides sustainable hardwood both globally and in Australia. A...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

SPP: Is there a place for productive assets in workplace pensions?

SPP: Is there a place for productive assets in workplace pensions?

David Will assesses the long-term potential of private assets within workplace pensions

David Will
clock 25 April 2025 • 2 min read
XPS publishes annual fiduciary manager report

XPS publishes annual fiduciary manager report

Variation seen in performance during first and last quarters of 2024

Jasmine Urquhart
clock 22 April 2025 • 1 min read
PRA launches consultation to enable insurers to accelerate UK investment

PRA launches consultation to enable insurers to accelerate UK investment

Framework looks to reduce barriers to enable insurers to benefit from investment opportunities

Martin Richmond
clock 16 April 2025 • 2 min read
Trustpilot