When the coronavirus crisis slammed the U.S. economy, owners of vast forests of timberland saw business take a big hit as most new construction ground to a halt along with demand for wood products. For the four companies structured as timber real estate investment trusts, returns swiftly bottomed-out, falling 42 percent year-to-date by mid-March, according to data from Nareit. This was on par with the wipeout seen in the retail, health care and commercial mortgage
source https://therealdeal.com/2020/08/20/timber-reits-are-having-a-mighty-moment/
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