NEW ZEALAND - The New Zealand Superannuation fund has acquired a further 77,500 acres of timber investments as part of its aim to allocate 5% of total assets to the new asset class.
The recent investment compliments the 12,273 hectare forestry estate purchased by the fund in October. The investments comprise of 45,00 acres of Loblolly Pine located in Texas, US; 18,000 acres...
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