New Zealand Honey Producer, Integrated Production Systems

About

In October 2019, ANZFF acquired a property in the Wairarapa region of New Zealand’s North Island. New Forests purchased the property from a mānuka honey producer and as part of the transaction entered into a long-term apiary agreement to enable continued honey production on the land. Manuka honey which is highly regarded for its anti-bacterial properties is produced from the manuka tree, native to New Zealand.

Key Initiative

The property contains a mix of manuka vegetation, ideal for honey production, and areas of hilly grazing country, on which New Forests has established a new Pinus radiata plantation. Not only does the apiary agreement enable the former owner to continue to access the land for honey production, but it also ensures the manuka vegetation remains utilised. Honey is a non-timber forest product (NTFP) and, in the case of New Zealand manuka honey, represents a high-value product that relies on indigenous vegetation. It also provides mutual commercial benefit, as ANZFF3 shares in the revenue from the honey.

Impact

The combined production of timber and honey is an example of how integrated production systems can produce a range of benefits. These include producing wood fibre from new plantations, sequestering carbon from a growing forest estate, producing food from non-timber forest product, sustaining native plants and biodiversity, supporting local jobs, and enhancing the overall utility of the land.

Delivering on Sustainable Development Goals

New Forests Advisory Pty Limited (ACN 114 545 274) is registered with the Australian Securities and Investments Commission and is the holder of AFSL No 301556 which authorises it and its authorised representatives New Forests Asset Management Pty Limited (ACN 114 545 283), (AFS Representative Number 376306), and New Agriculture Pty Limited (ACN 658 097 020) (AFS Representative Number 001298119) to provide general advice to wholesale clients into investments managed by New Forests. New Forests Inc is registered as an investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). Registration with the SEC does not imply any specific or certain level of skill or training. New Forests Asia (Singapore) Pte Ltd holds a Capital Markets Services Licence (CMS 100950) as an Accredited/Institutional Licenced Fund Management Company (A/I LFMC), issued by the Monetary Authority of Singapore.

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