Skip to content
GOLDCREST Land & Forestry Group
  • Properties For Sale
  • Services
  • Team
  • Publications & Research
  • Market Report
  • Contact
0131 3786 122
Register
Book A Valuation
Publications & Research

Scottish Borders and Lanarkshire forestry estates on sale

16 November 2021 •
2 mins

SCOTTISH forestry estates have been put up for sale with a total price tag of more than £30 million as the drive to cut carbon dioxide emissions stokes interest in the sector.

Goldcrest Land & Forestry is seeking offers over £34m in total for seven estates in areas stretching from the Scottish Borders to Angus.

The biggest is the 1,025 acre Westloch Forest estate near Peebles in the Scottish Borders, which is expected to fetch more than £11m.

The smallest is a 95 acre estate in North Lanarkshire that includes young crops, maturing timber and land suitable for afforestation. It is for sale at offers over £1.35m.

The sale comes as the UK forestry industry enjoys what Goldcrest described as a bumper year.

Jon Lambert, Partner at Goldcrest, said sales have already overtaken the £200 million achieved last year. He reckons the total for the calendar year is likely to be between £300m and £400m amid “extremely robust” interest in British forestry.

The strength of the interest partly reflects expectation that global demand for timber will remain strong in coming years. Housebuilders in the UK will need huge amounts of timber to deliver on their plans.

“Purchasers believe we will see future timber price inflation and are prepared to pay for some of that upfront,” said Mr Lambert.

Demand is also being driven by growing interest in forestry among investors on environmental grounds.

“Businesses and corporations seeking to improve their Environmental, Social and Governance (ESG) credentials have entered the market in high numbers, driven by factors such as generating carbon credits from native broadleaved woodland creation and peatland restoration,” said Mr Lambert.

He added: “Undoubtedly, the biggest story this year has been the insatiable appetite and rocketing prices for bare ground suitable for tree planting, an upward trend that has characterised the market in recent years … Grazing hill ground that was worth £3,500/hectare five years ago is now comfortably at £14,000/hectare.”

Jon Lambert
Jon LambertMRICSPartner
07900 320 475

Share this article

Latest Publications

Loading...

15% climb in forestry values as demand for timber assets and net zero ambitions swell forestry market

23 November 2022 •
3 mins

The UK Forest Market Report 2022

31 October 2022 •
< 1 mins

Outstanding £6.5m Northumberland forest for sale – or lease

1 October 2022 •
< 1 mins

£5.5m Welsh forest for sale

4 August 2022 •
< 1 mins

Perthshire forestry estate for sale for over £5m

12 May 2022 •
< 1 mins

We've Moved Office to 18 Great Stuart Street

25 March 2022 •
< 1 mins

The Industry-Leading UK Forest Market Report Secures Dynamic New Partnership

21 February 2022 •
2 mins

Goldcrest Land & Forestry Group expands national forestry team with two new hires

8 February 2022 •
2 mins

Scottish Forestry – a Buoyant Market Fuelled by Global Timber Shortages

20 December 2021 •
2 mins

“Natural Capital – What value?”

4 October 2021 •
2 mins
  • Properties For Sale
  • Services
  • Team
  • Publications & Research
  • Market Report
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • 0131 3786 122
© 2023 GOLDCREST Land & Forestry Group LLP
  • Institute of Chartered Foresters
  • RISC
  • Properties For Sale
  • Services
  • Team
  • Publications & Research
  • Market Report
  • Contact
  • Register With Us
  • Book A Valuation

Book A Valuation