Domain Capital Group, LLC, a comprehensive private investment management services firm, and its subsidiary, Domain Timber Advisors, LLC, announced the acquisitions of five new assets totaling 5,800 acres on behalf of its forestland portfolio.
Combined with previous investments, the transactions represent a full placement of the portfolios’ committed capital. The newly acquired tracts are located in Mississippi (2,530 acres), Alabama (1,950 acres), Virginia (730 acres) and Georgia (590 acres).
“We are extremely pleased with the pool of assets acquired for the portfolio with our targeted small and middle market investment strategy,” said Peter Walker, chief investment officer at Domain Timber Advisors. “Through a very active and somewhat untraditional approach to acquisitions, we’ve assembled a well-diversified Southeastern-focused timberland portfolio with sixteen individual transactions, averaging 2,000 acres each, across seven states.
“Our strategy has proven effective for investors that include sovereign wealth funds, public and private pensions, insurance companies, and family-owned wealth management interests from the United States, Europe and Australasia,” Walker added. “The fact we have committed the full allocation of capital confirms the point and illustrates that our differentiated approach offers an attractive entry point for timberland investing.”
Tracking the Consumer Price Index, the portfolio is an effective hedge against inflation that offers steady returns, long-term growth and capital preservation, said company in a stetement. DTA’s most recent acquisitions have increased the total acreage of timberland under the company’s management to just under 245,000 acres. DTA continues to research opportunities for additional, strategic acquisitions in the Southeast to meet the region’s demand for lumber and other wood products.
