€7.5 million forestry land portfolio offered for sale by Lisney offers potential investors stable returns, ESG alignment and opportunity to promote environmental sustainability

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Lisney, Ireland’s largest independently-owned multi-disciplinary property advisory company, has been instructed to oversee the sale of a €7.5 million forestry portfolio in Ireland, spanning approximately 428.7 Ha (1,059 Acres) for sale by private treaty.

 

The portfolio comprises 11 distinct plots with three in Wicklow, two in Kildare, one each in Louth, Westmeath, Donegal, Galway, Cork and Waterford. The parcels of land range from 27 to 241 acres and can be sold as a portfolio in one lot or as individual lots. The locations are:

 

  • Laragh East, Co. Wicklow
  • Tinode, Co. Wicklow
  • Trooperstown, Co. Wicklow
  • Carrick, Co. Kildare
  • Parsonstown, Co. Kildare
  • Stonehouse, Co. Louth
  • Lackan, Co. Westmeath
  • Barnesmore, Co. Donegal
  • Derrybrien, Co. Galway
  • Garryantaggart, Co. Cork
  • Coolydoody, Co. Waterford

Each plot has been managed in accordance with both FSC (Forest Stewardship Council) and PEFC (Programme for the Endorsement of Forest Certification) standards, representing a blend of commercially viable and environmentally sustainable opportunities.

 

All lands have good accessibility with forestry roads in place and are planted with 18 species of trees with Sitka Spruce, Doughlas Fir, Norway Spruce, mixed Broadleaves, and others. All trees are at various stages of maturity.

 

Offers are sought in excess of €7.5 million for the entire portfolio however lots can be sold individually, with the guide prices ranging from €235,000 to €1,155,000.  

 

Lisney’s Cathal Daughton and Thomas Byrne are handling the sale. They anticipate the portfolio will attract strong interest from national and international investors seeking stable returns, ESG alignment and portfolio diversification supported by favourable market dynamics and government policies promoting forestry investment in Ireland.

 

Contextualising Ireland’s Forestry Sector

The sale of this forestry portfolio underscores Ireland’s forestry sector’s significance. Recent trends emphasise the urgent need for expanded forest cover and sustainable management practices. Despite the opportunity, last year’s planting figures fell short of the Government’s 8,000-hectare target, signaling challenges in addressing climate change and biodiversity loss.

 

Forests are crucial for carbon sequestration and mitigating greenhouse gas emissions. Ireland’s forest coverage is among the lowest in the EU at 11.6%, prompting calls to reach 18% by 2050 for climate action.

Investing in forestry offers benefits beyond financial returns, including carbon sequestration, biodiversity conservation, and soil protection. Government support through grants, tax incentives, and subsidies enhances the appeal of afforestation and sustainable forest management, making forestry an attractive investment.

 

Forestry stands out as a stable, resilient asset class amidst shifting market landscapes, offering diversification, and promising long-term returns.