News

Smiths Gore's treemendous news

13 March 2009

Smiths Gore has been instructed by Forest Enterprises Australia to sell 40 forestry plantations on Queensland’s Great Dividing Range, totalling 42,610 acres, for around A$50m (£28.4m), on a sale-and-leaseback basis, with an initial return on investment of 8% of the initial purchase price.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue