Rayonier sells 36,000 acres Washington timberlands for $145 million in portfolio shift

Reuters2026/08/05 21:53

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Rayonier completed timberland transactions with Resource Management Service to reshape its portfolio.
Sold about 36,000 acres of timberlands in southwest Washington for USD 145 million.
Bought about 57,000 acres of timberlands in Alabama and Texas for USD 146 million.
Deal expected to add about USD 3 million a year in 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 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 Washington timberlands for $145 million in portfolio shift

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