NZ Super Fund makes first forestry commitment
NEW ZEALAND - The New Zealand Superannuation Fund (NZSF) has entered into an agreement with James Fielding Funds Management (JFFM), trustee of the New Zealand Sustainable Investments Fund (NZSIF) to purchase a 12,273 hectare forestry estate in the Auckland region.
JFFM was recently confirmed as the unconditional purchaser of land and forestry assets of Evergreen Forests. JFFM has agreed to sell NZSF approximately half of these assets. GMO Renewable Resources has...
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