image
SFM’s Dan Ryan and Brett Stevenson inspect trees

Plantation management company SFM has announced it has been appointed by
New Forests to manage the recently acquired Limestone Plantations, formerly
known as the Australian Sustainable Forestry Investors Fund Estate (ASFI), in South
Australia and Victoria.

The 21,000 hectare Limestone Plantations estate managed by SFM includes 61
properties with Eucalyptus globulus (Blue gum) distributed across some of
Victoria’s and South Australia’s prime forestry land in the Green Triangle border
region. The estate was recently purchased by New Forests via its Australia New
Zealand Forest Fund 2 (ANZFF2). New Forests also recently announced an
agreement to purchase the 175,000 hectare Tasmanian plantation estate from
Gunns Limited in April this year.

SFM’s Managing Director Andrew Morgan welcomed the opportunity to work with
New Forests.

“New Forests is a progressive, environmentally-focused company with plantation
assets across the country and we look forward to working with them to develop
this estate and achieve third party certification” Mr Morgan said.

“In engaging SFM, New Forests has recognised us as a leader in plantation
management, and with a focus on innovation and sustainability we will continue
to be a market leading provider of third party management services.”

SFM was established in 2001 and is a leading forest management company
operating Australia-wide, providing independent advice and services to
landowners regarding management, harvesting and marketing of forest
resources.

SFM provides forestry management solutions to private, corporate and
government entities and is certified under the Australian Forestry Standard and
Forest Stewardship Council® Schemes.

SFM at a glance

• SFM is a leading provider of independent forest management and forest
consulting across Australia.

• SFM manages approximately 25,000 hectares of plantation property in New
South Wales, Queensland, South Australia, Tasmania and Victoria.

• SFM is certified for forest management by the Forest Stewardship Council®
(FSC) and the Australian Forestry Standard (AFS).
SFM’s Managing Director Andrew Morgan