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...

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