SFM retained as manager of Limestone Plantations under OneFortyOne ownership

MEDIA RELEASE – 2 June 2025

SFM has been retained as the ongoing asset manager of the Limestone Estate following the estate’s acquisition by OneFortyOne from New Forests.

This decision reflects confidence in SFM’s historical knowledge of the asset, proven capability in managing complex forestry assets and delivering value through pursuing carbon opportunities.

“We’re proud to continue our stewardship of the Limestone Estate in partnership with OneFortyOne,” said Andrew Morgan, Managing Director of SFM.

“This continuity affirms the trust placed in our experienced team, systems and strategy to deliver long-term value from sustainable forest management and climate-positive land use.”

SFM will support the transition of the estate’s hardwood plantation areas, in line with OneFortyOne’s vision for expanded softwood supply to domestic processers, to the extent this is made economically viable through the generation of carbon credits. SFM also brings deep expertise in carbon project development, with a strong record of registration and management of forestry-based carbon initiatives.

“SFM’s approach integrates operational excellence with emerging opportunities in carbon and biodiversity,” said Mr Morgan. “We look forward to delivering outcomes that benefit our client OneFortyOne, the land, the climate, and the local economy.”

SFM manages a portfolio of forestry and carbon assets across Australia, with a focus on delivering high-integrity outcomes for institutional investors, landowners and the environment.

Media Contact
Romany Brodribb
Communication and Engagement Manager, SFM
E: rbrodribb@sfmes.com.au
P: 0438 368 079