Rayonier sells 36,000 acres of Washington timberland for $145 million in swap deal with RMS

Reuters2026/08/05 21:36

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Rayonier completed a timberland portfolio swap with RMS, selling about 36,000 acres in southwest Washington for USD 145 million.
Concurrent purchase of about 57,000 acres in Alabama and Texas for USD 146 million, structured as a like-kind exchange.
Deal expected to add about USD 3 million a year in incremental Adjusted EBITDA from timber operations over the next 10 years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rayonier Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051620BIZWIRE_USPR_____20260805_BW419779) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Rayonier sells 36,000 acres of Washington timberland for $145 million in swap deal with RMS

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