# Irish Forestry Unit Trust

Irish Forestry Unit Trust is a Trust / Investment Trust based in Santry, Ireland.

## Overview

- **Organization type:** Trust / Investment Trust
- **Headquarters:** Santry, Ireland
- **Region:** Europe
- **Address:** Unit 5, Woodford Court Woodford Business Park, Santry, Dublin 17, Ireland
- **Founded:** 1994
- **Assets under management:** 427 (Altss estimate)
- **Website:** www.iforut.ie

## Regulatory record

- **Reports private funds:** No

## About

Irish Forestry Unit Trust was established in 1994. Allied Irish Banks, Irish Life and Coillte created the vehicle to channel institutional capital into Irish forestry. Unit holders remain primarily pension funds and investment managers. The trust deploys capital into timber assets. It holds direct ownership of commercial plantations in Ireland and has expanded to Scotland and northern England. Confirmed holdings include Mosstown Wood, Clonad Wood, Slievealoughaun Wood and a Scottish forestland portfolio valued at $3.15 million. The strategy centers on roundwood supply and sustainable timber production. A separate North American Forestry Investment Fund extends the geographic reach. The trust reports 427 million USD in assets. It operates through two wholly owned subsidiaries, IForUT Forestry Management Limited and IForUT Forestry Nominees Limited. Additional offices are not disclosed. Brendan Lacey also chairs the Irish Timber Growers Association. No operational events from the last 24 months appear in available records. The trust maintains a 100 percent ownership link to its management company. This structure separates day-to-day operations from the unit trust itself while keeping asset control inside the same legal entity.

## Sectors

- Timber

## People

- Brendan Lacey — Chief Executive Officer
- Jim Foley — Director
- Patrick Lawless — Member of the Committee of Management

## Questions

### Who runs investment decisions at Irish Forestry Unit Trust?

Brendan Lacey serves as chief executive. Jim Foley and Patrick Lawless sit on the committee of management.

### Does Irish Forestry Unit Trust participate in fund commitments or only direct deals?

The trust acquires forestry assets directly. It also operates a separate North American forestry fund.

### What geographic footprint does Irish Forestry Unit Trust cover?

Core holdings sit in Ireland. Additional assets are located in Scotland and northern England.

### How is Irish Forestry Unit Trust related to Coillte?

Coillte co-founded the trust in 1994 and continues to provide liquidity guarantees and asset management support.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/irish-forestry-unit-trust

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