Rayonier /
approximately 137,800 acres of high-quality commercial timberlands located in Texas, Georgia, Alabama, and Louisiana
Rayonier completes timberland acquisitions from Manulife Investment Management
- Price
- $454m
- Stage
- Closed
- Seller
- Manulife Investment Management
What happened
Rayonier completed the acquisitions of approximately 137,800 acres of commercial timberlands across Texas, Georgia, Alabama, and Louisiana from Manulife Investment Management as of December 15, 2022.
The total aggregate purchase price was approximately $454 million after customary purchase price adjustments at closing.
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Rayonier completes timberland acquisitions from Manulife Investment Management
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