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Download Investment Report
LPs are a form of partnership involving General Partners (who are liable for all the debts and liabilities of the partnership) and Limited Partners. The liability of Limited Partners (investors) is limited and they are only liable to the extent of their capital contributions (funds invested), plus any other obligations expressed in the Limited Partnership Agreement.
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Forest & Investment Details
| Indicative initial offer | $33,419 for 200 shares |
| Projected return at harvest | $63,531 distributions |
| Projected harvest date(s) | by 2032 |
| Projected future contributions (Calls) | $0 per annum |
| Location | 32km southwest of Gisborne |
| Established net stock area | 375.9 hectares |
| Year(s) planted | 1994-1995 |
| Investment structure | Limited Partnership (registered Managed Investment Scheme) |
| Balance date | 31 December |
| Next forest visit | TBA |
About Homewood Forest - Tenders close 5pm 19 Mar.
Indicative Initial Offer
An indicative Offer of $33,419 represents a projected 8% tax paid compounded return per annum over the investment term. This indicative Offer is for a holding of 200 shares in Homewood Forest and represents the net present value of the Cashflow Projection set out in the Investment Report, assuming a marginal tax rate of 33 cents in the dollar. This indicative value is updated either at balance date or when shares are listed for sale.Projected Return at Harvest
The projected gross return at 6 March 2026 is $63,531 at log prices to 31 December 2024. Note tax is payable on this amount, at the investors marginal tax rate. Remaining harvest should occur by 2032, but please note that variations around this timing are likely. The projected gross return is updated either at balance date or when shares are listed for sale.Investment Structure
Homewood Forest Investment is a registered Managed Investment Scheme (MIS) under the Financial Markets Conduct Act 2013 – Scheme Number SCH10971. It is structured using our Limited Partnership (LP) investment structure.LPs are a form of partnership involving General Partners (who are liable for all the debts and liabilities of the partnership) and Limited Partners. The liability of Limited Partners (investors) is limited and they are only liable to the extent of their capital contributions (funds invested), plus any other obligations expressed in the Limited Partnership Agreement.
Projected Future Calls
Each annual Financial Report contains details on Calls to be paid by investors for the next financial year together with the budget from which they are calculated. With annual income being received from New Zealand Carbon Leasing (No 1) Limited for carbon rental in Homewood Forest, future annual Calls are expected to be $0. This may be subject to change.Tax
Each May, investors are sent a Tax Details Statement advising their tax position for the year, to be included in their annual tax return.Annual Report
The financial year for the Homewood Forest Investment is to 31 December. The Annual Investment Reports - comprising the requisite Annual Report plus Financial Report (including the financial statements) - are available 4 months from this balance date. These reports and the investment's governing documents are available from the Companies Office Disclose Register at www.companiesoffice.govt.nz/disclose.Forest Visits and Informal Meetings
The next visit is yet to be scheduled. These visits enable investors to view their growing forest and to meet and ask questions of the Forest Enterprises management team.Location
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