Greenwood Management Bring Eucalyptus Project to a Close
Submitted by: PressReleasePoint
Forestry investment firm, Greenwood Management, which operates several sustainable forestry plantations in Brazil, has announced that its eucalyptus and acacia plantation project will soon close.
Copenhagen, Denmark (OPENPRESS) May 14, 2011 -- Forestry investment firm, Greenwood Management, which operates several sustainable forestry plantations in Brazil, has announced that its eucalyptus and acacia plantation project will soon close.
The projects have been incredibly successful with international investors and the afforestation project is down to "just a few hectares" due to this success. The project began back in 2009 when Greenwood bought up 2,966 hectares of eucalyptus and acacia forests. It then offered individuals and organizations all over the world a chance to invest in the plantations.
The charcoal produced from the plantations is expected to be extremely attractive to the steel industry in the region due to legislation brought in by the Brazilian government to discourage the use of native forests in charcoal production.
Due to the massive success of the scheme, the project is now nearing completion and will be closed finally in June. If you missed the last opportunity to invest, don't worry - a spokesperson from Greenwood Management said there will be another project launched in the near future. He said, "We are very happy with the public's response to the project and look forward to announcing the release of our new project very soon."
Greenwood Management became the first organization to offer smaller investors in Europe the chance to invest in forestry through the forestry unit model in 2008. This model gave them direct ownership of the forest they had invested in. Many traditional forestry investment firms ask for capital of EUR 500,000 or more. Greenwood Management clients can opt to invest as little as EUR 10,000.
Putting money in forestry projects is popular as it diversifies a portfolio due to the fact that timber has a low correlation with traditional investments. It also offers more predictable growth at a time when predictability is difficult to achieve in traditional asset classes due to the volatile economy.