Forestry worth almost £100m was listed for sale last year, in a market characterised by tight supply and buyer caution. That’s according to The UK Forest Market Report 2024, produced by BSW Group’s Tilhill Forestry and Goldcrest Land & Forestry Group, which argued that the market remains strong, driven by demand for quality assets, stable timber prices, wider natural capital projects and a positive medium-term outlook for wood being used as a substitute for high carbon materials. The report, launched in Edinburgh earlier this week, found that this year £95.4m of forestry was listed for sale in the UK – a 55% decrease on the previous year. The market numbered 44 properties, with a total of 5,400 stocked hectares and an average valuation of £18,600 per hectare. Scotland continued to dominate, with a 79% market share.