The John Clegg & Co interim 2023 Forest Market Review reveals activity in the commercial forestry market in Great Britain has slowed during the first nine months of 2023 with the amount of forestry land sold down by 80% compared to 2022, however values are holding.
While demand has weakened slightly, there remains a surplus of capital looking for the right investment opportunities. With global timber demand expected to more than double by 2050 and as the construction industry increasingly looks to wood as a way of decarbonising, John Clegg & Co remains confident about timber prices in the longer term and consequently commercial forestry values.
Read more and download the full report over on the Strutt & Parker Rural Hub
