Assessment of the value of the UK Annual Forestry Index for calculating the profitability of forestry investment in the United Kingdom

摘要

The UK Annual Forestry Index, formally known as the Investment Property Databank (IPD) UK Forestry Index, was established in 1992 to provide an annual measure of the investment worth of forestry in the UK. The reliability of the Index, however, has been called into question over the very high returns on forestry investments claimed in recent years. Numerous articles in the media have amplified these potentially high returns highlighted by the Forestry Index; for example