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Partners eye Havard forest share
Friday 4 May 12 10:00am
The New Zealand Superannuation Fund confirmed that it and global investment firm GMO Renewable Resources were in discussions with Harvard Management Company over the possible purchase of Harvard’s majority stake in the Kaingaroa forest estate.
Harvard currently holds a 60 per cent stake in Kaingaroa, an estate of approximately 170,000 hectares of harvesting rights to plantation forest located in the Central North Island of New Zealand.
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