TimberWest hires real estate VP

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Cowichan Valley Citizen, Friday edition, April 27th, 2007.

Timberwest forest has brought on a new vice-president of real estate whose job will be selling off some of the forest company's prime Vancouver Island holdings.

John Hendry, who was previously with a central Florida timberland real estate company, joins TimberWest May 14.

TimberWest is the largest landowner, with 334,000 hectares, mostly on Vancouver Island. the company conducted a strategic review of its property in 2006 and identified 38,000 hectares of forest lands - an area more then three times as large as the city of Vancouver - that have greater value as real estate.

Rising land values on Vancouver Island have generated solid profits for the forest company; in 2006, real estate sales contributed $32.9 million (almost one third) of total distributable cash of $103.8 million.

TimberWest intends to sell the 38,000 hectares over the next 10 to 15 years.
 
glang1 said:
Is this in the right forum? Correct me if I'm wrong but I don't see anything about hunting here.
Click to expand...

Sure is, its hunting land for sale... start saving your empties.:)
 
glang1 said:
Is this in the right forum? Correct me if I'm wrong but I don't see anything about hunting here.
Click to expand...

Give the man his plastic badge.:rolleyes:

The area Timberwest now owns covers most of the land on the Southern half of Vancouver Island, that up until quite recently, was where everyone around here day hunted among other things.

The land has always been private, given to the CPR in trade for development of railway lines but it has always been generally open for public use.

Since there take over, Timberwest has slammed the gates shut. Made up all sorts of lame excuses to keep the public out and basically raped the land for every last penny it's worth. Even hired their own environmental inspectors to approve their own foresty practises. Now they're trying to squeeze the last bit of blood from the turnip by selling the real estate.

They look after their shareholders.
 
What a bunch of BS!!!! :runaway:


I think its time the provincal government steped in and said something about recreational land, even if some stupid timber company owned it.

Thats why now on I try not to hunt on TW property. Ill go else were (Hayes land is hardly gated, and their roads are in beter shape).
 
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