Timberland index slightly down in second quarter
The National Council of Real Estate Investment Fiduciaries Timberland Index returned 0.08 percent for the second quarter, down slightly from 0.11 percent last quarter and down from 1.04 percent in the second quarter of 2019. The EBITDDA return, at 0.47 percent, decreased by 20 basis points from last quarter and 17 basis points from a year ago. Appreciation return in the first quarter was reported at –0.39 percent. The Total Timberland Index had a 0.34 percent rolling one-year return, with a 2.47 percent EBITDDA and –2.10 percent appreciation return.
The returns are detailed here.