37
RETURNS
TENURE
STAGE
EXIT
LAUNCH
YEAR STATUS
15.2% Average
Predicted Return per
year
Leasehold title
1 Year Old Trees
Sale of Trees after 10
years
2013
Open
15.2% Average
Predicted Return per
year
Leasehold title
1 Year Old Trees
Sale of Trees after 20
years
2013
Open
22% Average Predicted
Return per year
Leasehold Title
3-9 Year Old Trees
Sale of Trees after 10
years
2012
Closed for New
Investment
42% Average Predicted
Return per year
Tree Ownership Title Sapling Investment
Sale of Trees after 10
years
2007
Closed for New
Investment
180% Average
Predicted Return per
year
Tree Ownership Title Sapling Investment
Sale of Trees after 22
years
2007
Closed for New
Investment
14.54-16.73% Average
Predicted Return per
year
Tree Ownership Title Sappling Investment
Sale of Trees after 9
years
2008
Open
15% Average Predicted
Return per year
Tree Ownership Title 6 Year Old Trees
Sale of Trees after 2
years
2006
Closed for New
Investment
22% Average Predicted
Return per year
Tree Ownership Title 6 Year Old Trees
Sale of Trees after 2
years
2006
Closed for New
Investment
12.5-16.5% Average
Predicted Return per
year
Tree Ownership Title Sapling Investment
Sale of Trees after 6
years
2010
Open
31% IRR Predicted
Leasehold Title &
Timber Ownership
Contract
3 Year Old Trees
Sale of Trees after 3
years
2011
Open
28.61% IRR Predicted Leasehold Title &
Timber Ownership
Contract
1 Year Old Trees
Sale of Trees after 5
years
2011
Open
17% Average Predicted
Return per year
Sub-Lease Title
Sapling Investment
Sale of Trees after 6
years
2011
Open
18% Average Predicted
Return per year
Sub-Lease Title
6 Year Old Trees
Sale of Trees after 6
years
2011
Open
15% Average Predicted
Return per year
Tree Ownership Title 8 Year Old Trees
Sales of Trees after 2
years
2013
Open
15% IRR Predicted
Tree Ownership Title Sapling Investment
Sale of Plot after 15
years
2002
Closed for New
Investment
31% Average Predicted
Return per year
Beneficial
Ownership of
Leasehold Title
Sapling Investment
Sale of Plot after 15
years
2010
Open
31% Average Predicted
Return per year
Bamboo Ownership
Certificate
Sapling Investment
Sale of Plot after 15
years
2011
Closed for New
Investment
33.5% Average
Predicted Return per
year
Bamboo Ownership
Certificate
Sapling Investment
Sale of Plot after 25
years
2011
Closed for New
Investment
58% Average Predicted
Return per year
Leasehold Title
Sapling Investment
Sale of Plot after 25
years
2011
Closed for New
Investment
LAUNCHED
IN 2012
3
LAUNCHED
IN 2011
21
LAUNCHED
IN 2013
8
DIRECTLY
HELD :
