Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (609Kb PDF) In the midst of the current financial crisis and in a climate of deteriorating returns, only a small handful of investment categories have maintained positive performance. How has timberland fared in the wake of this turmoil? More importantly, how will it perform over the [...]

Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (1.1Mb PDF) In 2004, Chung-Hong Fu, TIR’s Director of Economic Research and Analysis, wrote what is still the most comprehensive and complete paper examining whether timberland could be considered as a hedge against inflation. Dr. Fu has updated that original paper to include more current data [...]

Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (813Kb PDF) The size of the global timberland investment market has historically been difficult to determine because of the private nature of timberland transactions and the lack of reliable, public data. On a regular basis though, the relative size of the marketplace has been used by [...]

Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (2Mb PDF) In 2004, Chung-Hong Fu, PhD published a white paper entitled “Timberland as an Inflation Hedge”. In this paper, the characteristics and historical return histories of timberland were evaluated to assess the effectiveness of timberland as an inflation hedge. This most recent installment, “Comparing Timberland [...]

Chris Curth: Managing Director Real Estate Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (920Kb PDF) Increasing land values within timberland portfolios have received unprecedented attention in the past few years. In many instances, investors recognize that land values are not appreciating because of the value for timber production, but rather because the land [...]