Woodland still holds its own

摘要

As the unreality of the summer holiday season comes to an end, there is a slight nervousness that the general economic climate should, at some stage, begin to affect forestry properties. One cannot help but feel that the bad news in the press about negative equity, stock market crashes, fuel price increases, etc, will begin to impact: despite this, since our last article in June, woodlands have continued to sell at competitive closing dates at excellent prices. Perhaps, after all, they are the idealhedge fund? Hunter's Rock and Venlaw, 119ha of woodlands near Peebles sold extremely well, partly reflecting the really attractive landscape, but also its proximity to the Edinburgh area. The price achieved was over ￡6 000 per hectare. A slight contrastwas the sale of Blackmark West, a very similar size of property, but a younger crop, with the added attraction .of planning for a house. The remote location in the Galloway Hills appealed to those seeking isolation from the madding crowd and it achieved a price approaching ￡4 500 per hectare.