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Big forestry funds chop wood in green triangle auction Save Share The neighbours are all peeping over their fences in Australia’s rich “green triangle” forestry zone, keen to get their hands on a rival’s softwood assets. Up for grabs is forestry investment giant Global Forest Partners LP’s softwood business, Green Triangle Forest Products (GTFP), which is the smallest of the major green triangle forest growers and understood to make about $30 million a year. There’s consolidation on the cards in Australia’s “green triangle”, which straddles the Victorian and South Australian borders.   AFR Boutique Resolute Advisory is handling the auction and it is understood it has developed into a keen process between a couple of GTFP’s neighbours.

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