Investments perform well

Investment in the UK outperformed equities, bonds and commercial property, with the Investment Property Databank (IPD) Forestry Index recording a 20% rise for the year.

Average returns for equities and commercial property were just 16.8% and 18.1%.

The growth in the IPD Forestry Index is due to increased prices of forestry property and timber.

The state forestry sector recorded a 14% growth in standing timber prices but it was outperformed by the private sector which saw rises of up to 30%.