You do. Investors in the Ordinary Partnerships collectively own the freehold title to the land, together with the tree crop. Investors in the Limited Partnerships own the land and the tree crop through their shares in the Limited Partnership.
Under the Financial Markets Conduct Act 2013, there is a requirement for the Supervisor (or its appointed custodian) to be registered on the title to the land and to hold the land in trust for Partnership or Limited Partnership, as an investor protection.
Ownership of the land is a key feature of a Forest Enterprises investment – it is both profitable and also eliminates an annual rental commitment or sharing of the harvest proceeds. Learn more about our Investment Structure here.