February 29, 2024
Eastwood Forests Acquires Forestland in Virginia and West Virginia
Chapel Hill, NC – Eastwood Forests closed their acquisition of approximately 20,580 acres of forestland in Virginia and West Virginia, adding to the Climate Smart Forestry Fund portfolio. The Big Timber Property is located in the heart of Appalachia, in both Tazewell County, Virginia, and McDowell County, West Virginia. This acquisition adds to Eastwood’s momentum in fund deployment with 92,000 acres in upstate New York closed earlier this month.
February 2, 2024
Eastwood Forests Acquires Forestland in New York State
Eastwood Forests closed their acquisition of approximately 92,200 acres of forestland in New York, as the first property in the Climate Smart Forestry Fund. The Northway Property is located in Essex, Fulton, Hamilton, Saratoga, Warren and Washington Counties, within and around New York’s Adirondack Park.
This strategic acquisition marks a significant step toward Eastwood’s commitment to sustainable forest management and climate change mitigation, balancing forest conservation with the economic growth of the region. Eastwood’s CEO Alex Finkral said, “We are proud to continue the history of forest conservation and management in this part of New York. Northway is a terrific fit in our Fund that emphasizes natural forest management for diverse goods and services, while delivering attractive returns for our investors.”
July 10, 2023
Eastwood Forests and SFC Asset Management closes Climate Smart Forestry Fund I
The pooled capital amounts to USD 415 million (JPY 60 billion) and will be invested over 15 years. The Fund will deliver global climate benefits by supporting responsible forest management at a spatial and financial scale beyond that which individual investors could achieve on their own.
April 24, 2023
Liana cutting in selectively logged forests increases both carbon sequestration and timber yields
Abstract
Infestations of trees by woody climbing plants (i.e., lianas) are common and increasing in an estimated 250 Mha of the 1 billion hectares of mixed-species tropical and temperate forest subjected to selective logging. Cutting lianas that impede the growth of …
January 30, 2023
Eastwood Forests, LLC to Manage Forest Investments as Natural Climate Solutions
CHAPEL HILL, NC, January 30, 2023 – Sumitomo Forestry of Japan and a team of US forest investment veterans came together to form Eastwood Forests, LLC, a new forest investment management company based in Chapel Hill, NC…
Sumitomo Forestry of Japan with the Eastwood Forests Team