PCH - Weyerhaeuser: Housing Is Still A Key Demand Driver For Timber
2024-05-07 08:30:00 ET
Summary
- Weyerhaeuser is the largest public REIT in the timberland industry, owning approximately 11 million acres of timberlands in the US and managing another 14 million acres in Canada.
- The company's operations are divided into three regions: North, South, and West, with the West region being the largest contributor to revenue.
- Weyerhaeuser's scale is unmatched, outperforming peers as the industry continues to consolidate.
As readers know, REITs come in a variety of shapes and sizes. While commercial real estate typically inspires the imagination of Class A office buildings or industrial facilities covering hundreds of thousands of square feet, the REIT framework is fungible and allows for a degree of creativity. As a result, REITs come in flavors far beyond the traditional categories such as office, multifamily, industrial, net lease, and beyond. Some of the more niche categories include cell towers, fiber, or even different types of land....
Weyerhaeuser: Housing Is Still A Key Demand Driver For Timber