Unit Transfer Register

PartnershipNo.StatusUnits AvailablePriceYear Planted
Arapito  11 RESERVED AFTER PER $14,000.00 1995 
Awakino River   16 RESERVED $14,000.00 1995 
Squires Creek  38 RESERVED $7,000.00(1/2 Ha) 1998 
Squires Creek   38 RESERVED AFTER PER $7,000.00(1/2 Ha) 1998 
Jones 39OM1$8,250.00 (1/2 Ha)1999
Wild Boar 43RESERVED$7,000.00 (1/2 Ha) 1999 
Minormore 49RESERVED1

$6,900.00 (1/2 Ha) 

Minormore   49 OM 2$7,000.00(1/2 Ha) each 2001
Hidden Valley  56 RESERVED$9,200.002002 
Wayleggo62RESERVED2 $9,000.00 each2004
The Unit Transfer Register was updated on: 22 March 2019
                                    Prices are Non-Negotiable
Available on the Open Market. The units are available on the open market at the advertised sale price and have either passed through the pre-emptive right period, or are not subject to a pre-emptive right.
Available subject to a Pre-emptive Right. Initially available for sale only to partners in that partnership until the pre-emptive right period expires (see below). If unsold at that time they will then be available to purchase on the open market at the advertised sale price. Where the pre-emptive right applies non partners can reserve units for purchase at the advertised sale price if they are unsold at the expiry of the pre-emptive right.
These units are in the process of being purchased.
Want to buy?
To arrange purchase of secondary market units, or more information about the secondary market, contact our office.
Pre-emptive Right
There is a pre-emptive right of purchase for partners in the partnership in which units are offered for sale in partnerships 1 to 40. This means that partners in those partnerships have a 28 day right of purchase from the date of the next newsletter (or from the date they are notified of the offer in writing). Only after 28 days can units be sold at the advertised sale price to people not in that partnership. There is no pre-emptive right in partnerships 41 to 63.


Greenplan operates a buoyant secondary market. This means that Greenplan investors can easily sell their units, if their circumstances change. The secondary market also gives prospective investors the opportunity to buy units in partly grown forests.

Forestry is inherently a long-term investment, with the greatest proportion of value accumulating during the latter stages of the forest cycle, when trees grow most of their volume.

Greenplan therefore advises that investors will benefit most by holding their investments for the long term, rather than the shorter term.

Units for sale - Units for sale are advertised in the Greenplan newsletter, as well as on this website.

Selling on the secondary market - If an investor decides to sell they are put in contact with our Securities Registrar, who coordinates Greenplan’s secondary market. We can provide information relating to recent sales on the Greenplan secondary market of similar units as an indication of sale price, and arranges the necessary transfer documentation which must be completed by the vendor, and returned with the share certificate, before the unit is advertised. The unit is then listed in the next newsletter, and on the website.

The newsletter listing details the partnership, year of planting, vendor’s name and the sale price. Prices are generally non-negotiable.

Once a buyer is found the necessary transfer formalities are completed, payment is made through Greenplan, and the vendor is paid out. Greenplan charges a 3% commission and there is a $100 transfer fee.

Units for sale in Greenplan partnerships 1-40 are sold subject to a pre-emptive right for partners in that partnership. This means that those partners have a 28 day period in which to apply for that unit. After that pre-emptive right period, if the unit hasn’t been sold to a partner, it can be purchased by anyone else.

There is no pre-emptive right restriction in partnerships 41 onwards.

Buying on the secondary market - Units are advertised for sale in the Greenplan newsletter, and on the website. Units can then be reserved, by contacting Greenplan.

Transfer documents are then sent to the prospective purchaser for signing. They are then returned to Greenplan along with a cheque for the full purchase price.

The Securities Registrar issues and sends a new share certificate to the purchaser.

A few points to note

  • The sale price for secondary market sales is set by the vendor, normally in consultation with Greenplan. Greenplan is able to provide information about recent sales of similar units, and other relevant information.
  • Ultimately the value of units that sell on the secondary market will be determined by supply and demand. Of course units that are more expensive than anyone is prepared to pay will not sell. 
  • The full sale price must be paid upon purchase. There are no payment terms available for secondary market purchases. Prices are not negotiable.
  • A portion of the tax deductibility of the investment will have been used. This increases the cost of secondary market units relative to new units. For example five years worth of deductible expenses in a five year old forest will not be available. This will be equivalent to around $2500 of deductible expenses.
  • There is a preemptive right of purchase for partners in the partnership in which units are offered for sale in partnerships 1 – 40. This means that partners in those partnerships have a 28 day right of purchase. Only after 28 days can units be sold to people not in that partnership. There is no preemptive right in later partnerships.
  • Greenplan’s advice to investors is that the investment should be seen as a long term one. The longer the investment is held the better the total return, and the rate of return, is likely to be. The best returns are likely where the investment is held for the life of the forest. Investors should at least plan to hold units for the first 12 to 15 years of the investment.