CatchMark Timber Trust

What is CatchMark Timber Trust?

CatchMark Timber Trust, Inc., previously known as Wells Timberland REIT, Inc., is a publicly traded real estate investment trust (REIT) specializing in timberlands. It was established on September 27, 2005, as a Maryland corporation and focuses on the ownership, management, acquisition, and disposition of timberland properties across the United States. They aim to generate stable and growing cash returns for investors from their managed timber resources and through strategic acquisitions and dispositions.

As per the last available data from September 30, 2013, CatchMark Timber Trust owned interests in roughly 280,000 acres of timberland. These acres comprise 247,200 acres of fee-simple interests, also known as their fee timberlands, and 32,800 acres of leasehold interests, or leased timberlands.

Their properties are principally situated in regions with a rich timber-growing heritage, including the Lower Piedmont and Upper Coastal Plains of East Central Alabama and West Central Georgia. CatchMark operates competitively among both private and industrial timberland owners, as well as governmental agencies that manage timberlands in the U.S.

South. The REIT's investment strategy is distinctively focused on maximizing the value of its existing timberland portfolio and judiciously expanding its asset base through acquisitions, all within a disciplined capital allocation framework.

They emphasize a straightforward and transparent approach with an investment minimum and maximum of $106,000,000, which suggests larger, strategic transactions within their specialty areas of acquisition in the Real Estate and Construction industries.