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The average price for small roundwood sales was £37.30 per cubic metre overbark in nominal terms in the 6-month period to March 2022, a decrease from £37.92 in the 6 months to September 2021, but an increase from £34.95 in the 6 months to March 2021. The Small Roundwood Price Index was 6.6% higher in real terms (6.7% higher in nominal terms) in the 6 months to March 2022, compared with the corresponding period of the previous year. The Spruce Sawlog Price Index and Other Conifer Sawlog Price Index were 18.5% and 6.1% higher respectively in real terms in the 6 months to March 2022, compared with the corresponding period of the previous year. The average price for softwood sawlog sales was £76.89 per cubic metre overbark in nominal terms in the 6-month period to March 2022, a decrease from £79.39 in the 6 months to September 2021, but an increase from £67.70 in the 6 months to March 2021. The Softwood Sawlog Price Index was 13.3% higher in real terms (13.5% higher in nominal terms) in the 6 months to March 2022, compared with the corresponding period in the previous year. The average price for coniferous standing sales was £42.55 per cubic metre overbark standing in nominal terms in the year to March 2022, an increase from £31.03 in the year to March 2021. The index was 40.5% higher in real terms (38.8% higher in nominal terms) in the year to March 2022 compared with the previous year. The key points from the latest release are: In the Coniferous Standing Sales Price Index: In addition, this release also covers a new index for small roundwood and two new sub-indices of the Softwood Sawlog index, covering spruces and other conifers. They present data to March 2022 for Great Britain. Timber Price Indices are based on sales by Forestry England, Forestry and Land Scotland and Natural Resources Wales and consist of the Coniferous Standing Sales Price Index and the Softwood Sawlog Price Index. Their commitment paid off, with tenants at the site such as Euro Car Parts, Ocado and UPS now calling it home and IM capitalising on its investment.”ĬBRE advised Aberdeen on the deal, with joint agents Colliers International and Eagleton & Co.The latest National Statistics on Timber Price Indices produced by Forest Research were released on according to the arrangements approved by the UK Statistics Authority. IM Properties took the pioneering step of speculatively building industrial space at Birch Coppice. “As a result of economic uncertainty we have seen fewer speculative starts this year than last. He said: “These lettings have further eroded new build warehousing stock in the region, which is now at worryingly low levels. Richard Meering, head of the Midlands logistics and industrial agency team at CBRE, advised Aberdeen on the deal. This has justified both our decision to buy the units vacant and our faith in Birch Coppice and the Midlands industrial market.” 
Oli Lord, fund manager at Aberdeen Asset Management, said: “We acquired the vacant units, Plot 5 and 6 at Birch Coppice, at the end of last year and we are delighted that our marketing strategy has been completed ahead of schedule.
The move to Birch Coppice allows the white goods maker to its consolidate its operations on a single site and also allows for expansion.Īberdeen acquired the two assets, speculatively built by Birch Coppice developer IM Properties, at the end of last year. units, at rents of £6.20 and £6.74 respectively.īeko currently has bases at Heartlands, Birmingham, and Hams Hall, Warwickshire. One of Europe’s largest home appliance manufacturers, Beko has agreed 15-year terms on the 282,000 sq. Beko has let the last two distribution units at Birch Coppice Business Park, Tamworth, Staffordshire, from Aberdeen Asset Management.
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