Does the figure 9.17% mean anything to you?
If not, then you might be excited to learn that this represents the 2021 annual total property level timberland index return from the National Council of Real Estate Investment Fiduciaries (NCREIF) (link to their webpage with this public information is provided HERE).
They offer the following 2021 return results for each region:
- Total index: 9.17%
- South index: 7.06%
- Pacific NW index: 14.42%
- Northeast index: 13.22%
- Lake States index: 7.41%
- Other index: 10.88%
Take note that the dataset accounts for only a portion of estimated capital in timberland assets across the primary US timberland regions, but nonetheless, continues to serve as a fundamental gauge for the industry.