The in-house research team at Hancock Timber Resource Group produces a variety of research to help current and potential investors better understand the different components of timberland investing. In addition, our quarterly newsletter, "Hancock Timberland Investor," provides commentary on several of our ongoing research projects. Many of the documents below are available to the general public. However, you must be a current investor to gain access to the password-protected documents. Current investors may obtain a password and user name by calling 617-747-1561.

A Company Overview

Integrated Forestry Services

The Potential Impact of Russian Log Export Taxes on Pacific
Rim Log Markets

2006 Timberland Investment Performance

Housing Starts, Lumber Prices, and Timberland Investment
Performance

Log Price Volatility as a Measure of Timberland Investment
Risk

Softwood Sawlogs in Brazil - The Move to Equilibrium

2005 Timberland Investment Performance

Hurricane Effects on Timber Markets — Confirming the Case for Diversification

Global and Domestic Response to Record Lumber Demand in the United States

Do Forest Assets Continue to Hedge Inflation?

2004 Timberland Investment Performance

What do public markets tell us about timberland property values?

Historical series of timberland property values in the US South and US Pacific Northwest; originally published in the Journal of Forestry, December 2004

Introduction to Timberland Investing

Conservation of Sensitive Lands

Originally published in Benefits and Pensions Monitor, October 2004

Are timberland properties less liquid than commercial buildings?

New Zealand timber is sold into a diverse array of Pacific Rim markets

2003 timberland investment performance

How large is the investable timberland base in the United States?

Risk from natural hazards for timberland investments

Originally published in PREA Quarterly, Summer 2003

Updates our Q1 2000 Hancock Timberland Investor analysis

Examines exchange-rate risk associated with annual cash flows from equity investments in NZ radiata pine plantations

Income, capital expenditures and distributable cash for timberland and commercial properties

Estimates of risk and return for timberland investments in US, British Columbia and New Zealand

Timberland's historical performance relative to other assets

Timberland investment performance, annual results through2002

2002 timberland investment performance

A "new" timber economy in the US Pacific Northwest?

Have financial investors overbid timberland markets?

Analysis of timberland ownership changes

Analyzing the disposition process and measuring the results