- Fiera Comox Partners, an affiliate of Fiera Capital (TSX:FSZ:CA), on Tuesday announced the signing of an agreement to enter a newly established joint venture with Ngāi Tahu Holdings relating to Ngāi Tahu’s forestry estate on the West Coast of New Zealand, South Island.
- Fiera Comox will acquire an 85% interest in the joint venture, with Ngāi Tahu retaining a 15% interest.
- The estate is situated on about 45,500 hectares and consists primarily of radiata pine and Douglas fir plantation forests.
- The forests are sustainably managed under a Forest Stewardship Council certification.
- Source: Press Release
2024-07-09