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

Since then, forestry has become an increasingly significant part of the Craigmore business with 23 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.

Total assets (NZD) $272m
Total hectares 15,373ha

(including leased land)


Total forested area


New plantings in 2022/23


Total number of trees planted in 2022/23

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