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Lower dollar pushes up value of Linkletters timber plantations

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Plans to remediate the 8900-hectare Linkletters estate in Esperance in the Western Australian wheatbelt, valued at $17.65 million, have been put on hold by its owners and managers as they consider ways to extract value from its vast bluegum plantations.

"There has been an increase in the value of the timber by about 15 per cent with the impact of the lower dollar beneficial," said Justin Epstein, chairman of One Managed Investment Funds, the trust's responsible entity,

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/property/lower-dollar-pushes-up-value-of-linkletters-timber-plantations-20151002-gk04rf