All land held by Mere for the development of plantations is certified as DEGRADED FOREST LAND by the UNFCCC. Through the process of intense establishment and tree management we are able to grow a substantial crop of timber. We are consistently outperforming stated MAI’s on all established Hectares. With the value of Teak wood in a stable upward trajectory, we are delivering healthy returns for our contract growing clients, and our fund manager.
Hardwood plantations are an illiquid asset, as such returns can take many years to generate returns.