Manulife Investment Management lists with LandVest Project Dionysus, comprising 163,440 acres of investment-grade pine plantations in Texas, Alabama, Georgia; bids for the four distinct sale units, as a whole or in any combination, are due in mid-August

AMERICUS, Georgia , July 13, 2022 (press release) –

On behalf of Manulife Investment Management Timberland & Agriculture Inc (MIMTA), LandVest is pleased to announce Project Dionysus, an investment-grade collection of well-stocked pine plantations located in Texas, Alabama, and Georgia. Totaling 163,440± acres, the property consists of four distinct sale units and represents some of the longest held assets by MIMTA (formerly Hancock Natural Resource Group).  

The four sale units breakdown as follows:

Crockett | 65,472± acres in east Texas (fee)
Red Hill | 35,271± acres in southern Alabama (fee)
Augusta | 28,239 ± acres in coastal Georgia (fee)
McIntosh Lease | 34,459± acres in southern Georgia (timber lease)

Project Dionysus is being offered for sale through a two-stage, sealed-bid process where bidders may bid on the portfolio, individual units, or any combination of units. Round 1 Bids will be due in mid-August 2022. To receive an information package and register for the data room, please return a signed copy of the confidentiality agreement, linked below.

CONFIDENTIALITY AGREEMENT
Data Room Opens July 15, 2022
Listed Exclusively with LandVest, Inc
in conjunction with Alan Mackey, AL broker and Eric O'Keefe, TX broker

For more information, please contact:
Jonathan Burt
jburt@landvest.com

404.545.6300

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.