Management Services

10-year Management Plans

• Is your Forest 10 years old? If so, you will need to conduct a 10 year management plan.
  Once your forest has taken root it’s important to protect your investment. The Forest Service at the Department of Agriculture, is responsible for regulating forestry in Ireland and requires all forest owners to carry out a 10 year forestry management plan. The purpose of carrying out this management plan is to ensure that your forest matches the initial specification approved by The Forest Service when first planted, and also to protect your premium payment for the next 10 years. Failure to complete the assessment and return the completed plan may put you at risk of having payments suspended by The Forest Service.
• How do I carry out a 10 year management plan?
  Management plans can be completed by arranging a site visit from a Veon forester. The Forest Service will provide you with all the relevant paperwork and an additional €300 contribution to your premium payments.
• What happens during a site visit? During your site visit a Veon registered forester will:
  • Assess the stock levels of trees
  • Carry out a height measurement to determine the age that your trees will be ready for their first thinning and clear-fell age of each plot
  • Foresters will assess the average height and yield class of your trees
  • Complete an assessment of the plantation fire lines
  • Conduct a visual nutrient assessment of the trees to establish their growth levels and if they have any fertilizer requirements
• What happens after the visit?
  Your Veon forester will submit his findings to The Forest Service and complete a maintenance plan for the next 10 years. This is the most critical time for any forest as growth and productivity flourishes. It’s also vital to ensure that the forests’ first and subsequent thinning are carried out at the right time and that the best crop is returned. A professionally managed forest can yield up to €15,000 per acre in income over the course of its rotation.

Contact Veon today to book your 10 year management plan email [email protected] or Freephone 1800 719 399

Forest Valuations

• Accurate valuations are very important, especially for loan security and tax purposes. Using our recognised valuation techniques and extensive experience we can provide professional valuations that will allow you to comply with your legal and tax obligations.
• Forest owners need valuations for a variety of purposes.
  These include:
  • Stamp duty
  • Capital gains tax
  • Probate tax
  • Inheritance/gift tax
  • Pension valuations
  • Possible sale or purchase
  • Loan Security
  • Divorce proceedings
• Please note that the plantation market in Ireland is small, so it is difficult to get a true estimate of the value of your plantation. Veon is Ireland’s leading purchaser of forestry plantations having negotiated 25,000 acres over the last 10 years on behalf of our clients.

Management Contracts

• Why Choose Veon?
  Protecting and maximising the potential of your plantation can be easily achieved by taking up a management contract with Veon. Our service offers management planning, annual meetings and annual reporting. Your forest details will be entered into our advanced computer systems where operations are scheduled for the optimum time designed to protect your plantation and maximise its potential. For an annual fee you have the peace of mind knowing your plantation is being professionally managed by a dedicated team of experienced foresters with you in mind.
•  As part of our Management Service we will provide you with:
  •  Rolling five-year timber productions and cash flow forecasts
  • Comprehensive annual site inspections to include examination of all boundaries and internal stands
  • Liaison facilities with the Forest Service
  • An annual report on the condition of each plantation reporting on maintenance and items needing attention
  • Digitisation and maintenance of your plantation records into our computer systems
  • Telephone support from 9am-5pm including 24 hour fire emergency call-out
  • Annual work programmes and budgets designed to protect and increase asset value
  • Fire plan for each plantation
  • Advanced fire monitoring services
  • Certification that your plantation is up to Forest Service standards
  • Regular client relationship calls to assess the quality of our service

Forest and Land Sales

There is now a vibrant market for forestry land and plantations of all ages and species in Ireland and Scotland. As Ireland’s leading purchaser of land and plantations Veon has unrivalled experience in presenting and marketing your forest to maximise the price you can get for your plantation.
Veon will prepare a professional investment proposal to present your forest to prospective purchasers and investors. Many forest owners do not present their forests in a professional manner lacking correct documentation or ill-prepared title documents or by not having inspection paths prior to placing their forests on the market. This lack of preparation increases risk for investors who will therefore offer less as a result.

Veon offers the following to those wishing to sell their forest property or portfolio.

• Prepare plantation for sale by installing inspection paths, cleaning entrances, standing mapping and Sales document preparation
• Promotional campaign targeting forestry investors
• Check access and title documents are in order so as not to delay a contract and jeopardise a sale
• Site visits with potential buyers
• Follow up with all prospects
• Provide you with advice on contractual issues
• Complete the deal on your behalf
• Capital Gains Tax calculation

For more information on selling your forest property, call our office 1800 719 399 today to arrange a meeting email [email protected]