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Better than gold, the forest fully plays its role as a safe haven

2022-07-01T07:45:53.820Z


DECRYPTION - The price of wood and, by extension, that of forests soared in 2021. Savers who have invested in shares in forestry groups are seeing their portfolio increase.


What if wood also became a financially attractive savings product?

The boom in demand and the surge in prices for this natural material are boosting the value of forests (+ 3 to 4% on average in 2021 according to Safer, the reference in the evaluation of agricultural land).

“Right now, there is very strong demand and few offers,”

confirms Benoît Léchenault, head of Agrifrance, a subsidiary of BNP Paribas.

Read also

Buying a forest, a rather profitable and ecological niche investment

This price increase is the delight of individuals who have placed part of their nest egg in shares of forest investment groups (GFI).

"The value of our portfolio has soared by 13% in just one year,"

says Arnaud Filhol, president of France Valley, the leader in this market.

Consequently, the value of the shares, which reflect that of the assets held, should also increase.

But that's not all.

The returns paid to savers, from the cutting and sale of wood - generally around 1% per year - will also be better...

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Source: lefigaro

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