Forestry - look to the fu­ture re­turn

South Waikato News - - Property - PAUL O'SUL­LI­VAN

the longer game, con­sid­er­ing the trees an im­ped­i­ment to fu­ture man­age­ment op­tions.

How­ever, that wood­lot ul­ti­mately paid a hand­some div­i­dend to its new own­ers.

Be­cause farm forestry is such a long game, re­turns can fall short when own­ers lose their nerve and sell be­fore the tree reaches op­ti­mum ma­tu­rity.

Over a 25 year cy­cle, as long as trees are prop­erly cared for, in­de­pen­dent anal­y­sis shows net re­turns for farm forestry are way ahead of dairy, beef or sheep.

As the world faces a fu­ture for­est famine, plant­ing a tree is a

‘‘As dairy prospects con­tinue to im­prove, buy­ers are likely to gain con­fi­dence.’’ Paul O'sul­li­van

wise step to cre­ate a legacy.

Your grand­chil­dren will thank you for your wis­dom.

Paul O’sul­li­van is Bay of Plenty and Cen­tral Plateau Real Es­tate Man­ager for PGG Wright­son Real Es­tate Ltd.

Since he be­gan his ca­reer in real es­tate in 1978, he has ne­go­ti­ated sales in ex­cess of $850 mil­lion worth of prop­er­ties, in­clud­ing dairy, sheep and cat­tle, forestry, wa­ter­front and agri­science projects.

DELWYN DICKEY/FAIRFAXNZ

Data from the REINZ showed ru­ral prop­erty buy­ers com­ing out to pur­chase prop­er­ties in spring.

SUPPLIED

Paul O’sul­li­van

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