Craigmore launched into forestry in 2010, focusing on the afforestation of marginal farmland.

Since then, forestry has become an increasingly significant part of the Craigmore business with 35 properties under management.

Our strategy is to build a mixed portfolio of existing forests and those suitable for planting. We plant new forests where this is the most appropriate land use – usually less productive grazing land including properties that are steep, have poor soil fertility or erosion issues.

Newly planted forests provide a dual revenue stream, firstly from the sale of carbon credits and then from the sale of timber at harvest.

All numbers correct as at 30 June 2025.

Total assets (NZD) $517m
Total hectares 28,463ha
15,988ha

Total area of commercial forestry

4,250ha

New plantings in 2024/25

4.46m

Number of trees planted in 2024/25

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Glen Tui Forest on the East Coast of the North Island is a good example of Craigmore’s philosophy of ‘the right tree in the right place’.