OTAKANINI FOREST – AUCKLAND REGION CUTTING RIGHTS SALE - INFORMATION MEMORANDUM
Otakanini Topu Inc. (OTI) are seeking expressions of interest from parties wishing to participate in a competitive sales process for their tree crop only (cutting right).
Otakanini Forest is a second-rotation P. radiata forest, re-established across the 2001 to 2004 planting seasons, giving a forest-weighted average age class of 22.9 years.
The forest has been mapped to identify a total net stocked area of 557.3 hectares. Of this, 63.3 hectares would be considered a coastal protection strip, and 16.88 hectares is a younger 2013 planting, both of which we have excluded from the cutting rights area. This leaves a productive forest area of 477.1 hectares available for cutting rights. The preferred sales option is a Lump Sum bid.
A map of the forest-cutting right area is provided in Appendix 1.
KEY FOREST CROP INFORMATION
A total of 477.1 hectares of productive P.radiata tree crop is available for cutting rights.
The forest is located adjacent to Woodhill forest, approximately 15 kilometres northwest of Helensville, Auckland. The physical address as noted on the Auckland Council rates notice is 405 South Head Road, Helensville, Auckland. A location map is provided in Appendix II.
The majority of the forest was production thinned through 2016-2018. Of the total productive forest area, 104.8 hectares have been managed towards a pruned clearwood regime. 324.9 hectares have been managed towards a framing regime. There are pockets of unthinned crops throughout the forest, totalling 47.3 hectares, that were not production thinned. Forest age-class and crop-type information is summarised in Appendix III.
100% of the forest would be suitable for ground-based logging.
100% of the cutting rights forest area is classified as having a moderate erosion susceptibility classification (ESC) under the NES-CF.
There is a current access Agreement across the forest which allows the adjacent Woodhill Forest (North) cutting rights owner full and uninterrupted access through Otakanini forest for management and harvesting purposes, and into Woodhill Forest (South).
Previous harvesting and production thinning volumes from Otakanini forest have been extracted under access arrangements through Woodhill Forest (South). The landowner, Ngahere, has agreed in principle to allow harvest volume extraction, pending royalty negotiations with the successful bidder on a $/t basis. An indicative royalty will be identified at the due diligence phase.
Being a second rotation forest, there is a comprehensive grid of first rotation roading infrastructure already in place.BID
PROCESS OUTLINED
Stage 1: Expressions of Interest, 15th May – 29th May (2 weeks)
Stage 1 – interested parties are invited to submit expressions of interest by 5 pm Friday 29th May 2026, details of what should be accompanied is provided in the attached document.
Stage 2: Due Diligence, 5th June – 26th June (3 weeks)
Stage 2 - following analysis of Stage 1 Expressions of Interest, and at the discretion of the OTI management committee, selected parties may or may not be invited to progress to Stage 2.
Stage 3: Lump Sum Deadline Offers close Friday 26th June 2026
Lump Sum Bids are required to be submitted by 4.00 pm, 26th June 2026. The bid timeline may be extended if required by the OTI management committee.
KEY POINTS FOR BIDDERS TO CONSIDER
The OTI management committee reserve the right to accept or not accept any bid.
The OTI management committee reserve the right to negotiate final outcomes at its own
discretion.
The OTI management committee reserve the right to end this process at any time at its
own discretion.
Regardless of the Lump Sum sales model, purchaser responsibilities include, but are not limited to; - Maximising stakeholder value. - Safe, efficient, and compliant harvesting and forest engineering. - High-quality, compliant environmental management. - Harvesting and forest engineering infrastructure to be agreed with OTI during harvest planning. - Clean-up of cutover and infrastructure during and post-harvesting in accordance with industry standards and the owner’s expectations. A formal handback process will be required. - Maintaining good public relations always through consultation and best practice management of engineering, harvesting and freight operations. - Other conditions may apply, i.e. performance bond, subject to the OTI management committee reviewing sales and purchase agreements.
Contact for enquiries and expressions of interest must be made to:
Kevin Reardon, Director, Forme Consulting Group Ltd, details below.
For detailed information, please see the document below.
Sinclair Forest, Otago Region Excellent Environmental Profile with Dual Income Streams
Located near Balclutha in the Otago region, this young, ETS registered forest sits on an excellent land profile and offers near-term carbon revenue alongside future timber returns. This alongside strong establishment practices will give Purchasers confidence in the future of their investment.
Key details:
Title Area – 333 ha (STS)
NSA Area – 267.3 ha
Crop summary: - P.Rad 2023 – 45.2 ha - P.Rad 2025 – 222.1 ha - Potentially plantable – 27 ha
ETS – 254.41 ha Registered under averaging
Ground base harvest
Port Chalmers – 109 km
Pan Pac, Milburn – 48 km
Otago Lumber, Mosgiel – 83 km
Ngahere Sawmill – 77 km
Stuart Timber Co, Tapanui – 66 km
Sinclair Forest is For Sale, both land and trees, by way of Two Stage Tender with the first stage non-binding indicative offers closing 4 June at 2pm.
Sinclair Forest is part of a broader portfolio of forests also including, Perkins Forest, Beaumont Forest Group and the neighbouring Mark Hill Forest, all currently being marketed across the Otago/Southland region. Collectively they provide scale and age class spread ranging from new planting through to 32 year Pinus Radiata and having a combined net stocked area of approximately 934 hectares.
If you require further information, please contact George Searle on (+64) 21 307 022 or Todd Buchanan on (+64) 22 054 0780 at NZ Forest Sales.
Applications close: Thursday, 4-Jun-2026
Perkins Forest, Southland Region
Buy and Sell Description:
Perkins Forest, Southland Region Quality Timber and Carbon Opportunity
Located east of Mataura in Southland, this sheltered property has been exceptionally well established and is showing strong growth. Featuring easy terrain and efficient cart distances, Perkins Forest offers a quality timber investment with strong projected carbon returns over the next 16 years.
Key details:
NSA Area – 324.1ha
Pinus Radiata - Age Class: 2025 - 315.4 ha, 2017 – 7.6 ha
ETS – 332.32 ha Registered under averaging
Ground base harvest
Bluff Port – 90 km
Niagara Sawmill - 61 km
Findlater Sawmill - 65 km
Daiken MDF - 23 km
Perkins Forest is For Sale, both land and trees, by way of Two Stage Tender with the first stage non-binding indicative offers closing 4 June at 2pm.
Perkins Forest is part of a broader portfolio of forests being, Sinclair Forest, Beaumont Forest Group and the neighbouring Mark Hill Forest, all currently being marketed across the Otago/Southland region, collectively providing scale and age class spread (newly established through to ready to harvest) with a combined net stocked area of approximately 934 hectares.
If you require further information, please contact George Searle on (+64) 21 307 022 or Todd Buchanan on (+64) 22 054 0780 at NZ Forest Sales.
Applications close: Thursday, 4-Jun-2026
Mark Hill Forest and Beaumont Group, Otago Region
Buy and Sell Description:
Mark Hill Forest and Beaumont Group, Otago Region Otago Forestry Opportunity with Immediate Scale and Long-Term Value
Mark Hill Forest and the Beaumont Forest Group present a compelling investment opportunity, combining immediate harvest potential with strong mid-rotation value and a well-balanced distribution of younger age classes. With a combined net stocked area of 343 hectares, this offering represents a scarce and well-managed forestry asset within the highly regarded Otago region.
Key details:
Mark Hill
Title Area – 142.95 ha (STS)
NSA Area – 120 ha
Age Class - P. Radiata 1995, 2009, 2010, 2018 & 2021
ETS - 50 ha Pinus Radiata Registered Under Stock
Ground base harvest
Pruned and thinned
Port Chalmers – 108 km
Pan Pac, Milburn – 47 km
Otago Lumber, Mosgiel – 82 km
Ngahere Sawmill – 76 km
Stuart Timber Co, Tapanui – 65 km
Beaumont Group
Title Area – 294.1624 ha
NSA Area – 223 ha
Crop Summary – - 171.5 ha P.Radiata: 1994 - 1999, A small area of 2023 - 36.8 ha D.Fir: 2000 & 2003 - 12.2 ha C. Mac 1998
ETS - 183.66 ha Registered Under Stock
Majority ground base harvest
P. Radiata - Pruned and thinned
Port Chalmers – 125 km
Pan Pac, Milburn – 63 km
Otago Lumber, Mosgiel – 98 km
Ngahere Sawmill – 85 km
Stuart Timber Co, Tapanui – 39 km
Beaumont Group and Mark Hill Forest are For Sale, both land and trees, by way of Two Stage Tender with the first stage non-binding indicative offers closing 4 June at 2pm.
Beaumont Group and Mark Hill Forest are part of a broader portfolio of forests being, Perkins Forest, Sinclair Forest, all currently being marketed across the Otago/Southland region, collectively providing scale and age class spread (newly established through to ready to harvest) with a combined net stocked area of approximately 934 hectares.
If you require further information, please contact George Searle on (+64) 21 307 022 or Todd Buchanan on (+64) 22 054 0780 at NZ Forest Sales.
Applications close: Thursday, 4-Jun-2026
Howard Forest - 551ha* Forest, Tasman District
Buy and Sell Description:
Howard Forest presents a unique plantation forestry opportunity comprising more than 955 hectares of freehold land, with an approximate forest area of [551] hectares including stands of near-mature Douglas-fir, younger age class second rotation radiata pine, minor exotic species, cutover to be planted in 2026, and approximately 48 hectares under a Forestry Right with future handback upon harvest.
Located along the Howard River near St Arnaud in the Tasman District, some 106 kilometres to Port Nelson, the forest has been professionally managed by PF Olsen, and has proven productivity and economics with 90%* of the forest area suited to ground-based operations, a significant internal roading network, and an on-site metal resource.
The opportunity consists of the Howard River Forest and the Porika Block (held under separate title), which are available for purchase together or separately and offered to the market on behalf of the Tasman District Council.
Beyond its forestry attributes, the land encompasses riparian setbacks from the Howard River and Porika Stream and significant areas of indigenous forest held under the NZ Forest Accord, further enhancing the unique biodiversity opportunities of the land.
Key Features
955 ha freehold land, 551 ha* forest area
417 ha* Pinus radiata — 2004 to 2026**
77 ha* Douglas-fir — 1994 to 1998
8.7 ha* minor species — 1994
48 ha* under forestry right to 3rd parties
458 ha* ETS registered (stock change)
Mixed age-class profile
Significant roading network and on-site metal source
Economic cartage to multiple processors
*approximately ** (including 2026 replant)
A straightforward evaluation and acquisition process is facilitated by a comprehensive electronic Virtual Data Room (VDR). For further details or to arrange a guided inspection, please don’t hesitate to contact us.
Two-Stage Deadline Offers: Stage One closing 4pm, (NZST) Thursday, 28 May 2026 (unless sold prior)
