Increased foreign interest in pulp mills and plantations in Australia while the timber ownership is in transitional mode
The plantation ownership in Australia is in transition after the Management Investment Scheme (MIS) collapsed in 2009, reports the Wood Resource Quarterly. Foreign pension funds and pulp companies have shown increased interest in acquiring timber assets as forest plantations owners have gone into receivership.Seattle, USA. In the aftermath of the collapsed Management Investment Schemes (MIS), plantation ownership and management of the Australian timber resources is in a transitional mode, reports the Wood Resource Quarterly. The MIS plantation scheme was launched in 1997 with the objective