Release of the STS Australian Sandalwood Estate to Market

Release of the STS Australian Sandalwood Estate to Market
Smith Agri International are thrilled to formally release the STS Australian Sandalwood
Estate to the market, to be sold in total or as separate properties to best suit the significant
varying domestic and international interests. “This significant release on behalf of New York
based, The Rohatyn Group (TRG) to market represents the combination of many months due
diligence, market analysis, independent verification and planning, underpinning what we term
an ‘institutional-grade asset’” said, Smith Agri International’s Director, David Smith.
The aggregation, comprising six (6) properties across eighty one (81) separate freehold titles
totals 6,716.56 hectares (16,599.45 acres) with 4,930.00 hectares (12,182.29 acres) planted
production area, is located within the highly productive wheatbelt of Western Australia, is well
positioned to deliver years of sustainably grown Australian Sandalwood to known and
emerging domestic and international markets specialising in the sandalwood trade.
These assets represent some of the world’s first sustainably grown plantation sandalwood
resource to come to the open international market, a point not lost on sophisticated traders
dealing with this highly valuable and yet opportunistically, uncommitted resource. The projects
importance to the market can’t be under estimated, particularly as the Western Australian
government administers the planned reduction of access and supply to diminishing wild grown
native sandalwood resources traditional to the active global market.
Uniquely, Australian Sandalwood is a very hardy robust species, ideally suited to the Western
Australian outback requiring no irrigation and or significant ongoing management costs. First
traded globally in approx. 1840 and harvested from throughout southern WA, this species
compares favourably to the higher cost base and subsequently more expensive Indian
Sandalwood plantations located within the northern parts of WA and NT.
The Information Memorandum which outlines the Expression of Interest (EOI) Sale Process
key dates together with important estate information and data, is available upon request from
Smith Agri International. Approved parties will be provided access to a sophisticated Virtual
Data Room which transparently features; Independent Valuation Reports, Cashflows, Market
Analysis and other important estate data.
We look forward to engaging with many known and emerging parties within the coming weeks.
For further information, please contact either of;
David Smith Ph: +61 (0) 418 332 780 Email: david.smith@smithagriinternational.com.au
James Wyatt Ph: +61 (0) 415 284 264 Email: james.wyatt@smithagriinternational.com.au
Smith Agri International (SAI) is a fully qualified licensed real estate services firm uniquely positioned within the
Australasian rural real estate market, specialising in the representation of institutional grade agribusiness assets on
or off-market. SAI is focused on the professional and transparent representation of its client’s agribusiness
businesses and assets. Our work throughout the value-chain on behalf of our clients and long-term international
sophisticated investor links allows SAI access to an expansive range of agribusiness buy-side and sell-side
transaction opportunities.