A DISCIPLINED STRATEGY Acquisitions FIA adds significant value by adhering to our core philosophies of capitalizing on market inefficiencies and leveraging our deep network of relationships in the industry. We evaluate more than one hundred potential investment opportunities each year which represents the majority of the institutional global timberland properties on the market. Through a rigorous screening process, our team identifies attractive investment opportunities, with only a select few making it to our Investment Committee for review. Learn more about the tenets of our acquisition philosophy below. Acquisitions Since Inception CLOSED TRANSACTIONS 247 ACRES PURCHASED 3.8M+ TOTAL VALUE PURCHASED $5.2B+ As of 12/31/20 Disciplined Underwriting A hallmark of our valuation philosophy is the belief that timberland assets should be valued primarily, if not exclusively, on their ability to generate future cash for the investor from timber harvests, recreational leases, environmental goods and services, etc. Therefore, FIA analysts primarily use basic discounted cash flow techniques to place values on potential acquisitions. These techniques start with estimates of future yields and silviculture costs to develop a forest management plan and management activities such as harvests, fertilization, and competition control to best understand and quantify the intrinsic value of forestland acquisitions. Understanding Risk Risk comes in many forms and understanding the risks of any potential investment is critical to ensure we seek appropriate risk adjusted returns for our clients. For example, FIA assesses market risk by understanding the number and health of mills and wood using facilities around a property. When looking outside the U.S., we include assessments of country and currency risk. All projected investment returns are sensitivity-tested to understand how changes in markets may impact client performance. Identifying Market Inefficiencies and Opportunities Our long history of acquiring and managing timberland investments allows us to identify market inefficiencies and other attractive opportunities in the market. As in many other asset classes, certain timber properties may be over or undervalued by the marketplace at any given point in time. Careful attention to market conditions and the behavior of other buyers allows us to also identify opportunities where sellers might be highly motivated to sell or where we can structure an acquisition to meet a seller’s unique needs. Learn More About FIA Contact us for additional information about investing in forestland. Get In Touch Investing Why Invest in Timberland Investment Strategy Timberland Map Acquisitions Dispositions Sustainability ESG Criteria Stewardship Policy Sustainable Forestry Sustainability Report About About Us Land Sales Hunting Leases Insights Contact FAQs Glossary of Terms Connect With Us On LinkedIn Privacy Policy Disclaimer Terms & Conditions Customer Relationship Summary Forest Investment Associates (FIA), organized in 1986 is a Registered Investment Adviser providing investment management services for investors in timberland. © 2021 Forest Investment Associates Sustainability Sustainability Report Stewardship Policy Land Sales About Mission History People Values Footprint Insights Company News Quarterly Updates Research Timberland Investing Updates Contact Connect With Us On LinkedIn We use cookies to improve your browsing experience. You consent to our cookies policy if you continue to use this website. Customer Relationship Summary Privacy PolicyACCEPT