{"id":20137,"date":"2023-12-09T22:00:09","date_gmt":"2023-12-09T18:30:09","guid":{"rendered":"https:\/\/paw.ir\/?p=20137"},"modified":"2023-12-09T10:34:18","modified_gmt":"2023-12-09T07:04:18","slug":"weyerhaeuser-to-enhance-southern-timberlands-portfolio","status":"publish","type":"post","link":"https:\/\/paw.ir\/?p=20137","title":{"rendered":"Weyerhaeuser to enhance southern timberlands portfolio"},"content":{"rendered":"<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>Weyerhaeuser Company recently announced it has entered into two distinct agreements with Forest Investment Associates to divest approximately 69,600 acres in Upstate South Carolina for $170 million, and to purchase approximately 60,700 acres of high-quality timberlands in Coastal North Carolina, South Carolina and Mississippi for $163 million.<\/p>\n<p>Key attributes of the transaction:<\/p>\n<ul>\n<li>Adding high-quality timberlands with attractive timber attributes, including:<\/li>\n<li>Mature, highly productive acreage that is well-integrated with existing Weyerhaeuser timberlands and mill operations.<\/li>\n<li>Fee ownership with 80 percent planted pine acreage and strong site productivity, delivering strong long-term timber returns.<\/li>\n<li>Well-stocked timber inventory producing attractive sawlog mix and expected average harvest of 6.9 tons per acre (or 420,000 tons) annually over the first five years.<\/li>\n<li>Expected average Adjusted EBITDA from timber operations of approximately $130 per acre (or $7.7 million) annually over the first five years.<\/li>\n<li>Acquiring core timberland acreage at an Adjusted EBITDA multiple of 21&#215;1, while divesting less strategic ownership at an Adjusted EBITDA multiple of 47&#215;1.<\/li>\n<li>Opportunity to enhance real estate cash flows and returns on high-optionality coastal assets.<\/li>\n<li>Structured as a tax-efficient like-kind exchange with minimal transaction costs.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Weyerhaeuser Company recently announced it has entered into two distinct agreements with Forest Investment Associates to divest approximately 69,600 acres in Upstate South Carolina for $170 million, and to purchase approximately 60,700 acres of high-quality timberlands in Coastal North Carolina, South Carolina and Mississippi for $163 million. Key attributes of the transaction: Adding high-quality timberlands [&#8230;]\n","protected":false},"author":4,"featured_media":20138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[131],"tags":[1112,7628,7629,1086,662,246,7630,648,1130,666,1145,5985,3806,7631,7632,632,1823],"class_list":["post-20137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news","tag-business","tag-coastal-north-carolina","tag-devin-w-stockfish","tag-ebitda","tag-economy","tag-en","tag-forest-investment","tag-paper-industry","tag-paper-manufacturer","tag-paper-mill","tag-pulp-paper","tag-south-carolina","tag-weyerhaeuser","tag-weyerhaeuser-company","tag-weyerhaeuser-timberlands","tag-wood","tag-wood-and-paper"],"acf":[],"_links":{"self":[{"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts\/20137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20137"}],"version-history":[{"count":1,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts\/20137\/revisions"}],"predecessor-version":[{"id":20139,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts\/20137\/revisions\/20139"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/media\/20138"}],"wp:attachment":[{"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}