Project West Forestry, Ballykelly, Co. Clare, O'Callaghans Mills, Co. Clare

This portfolio includes nine forest properties, predominantly located in County Clare, with two in East Galway. Together, they cover a total area of 449 hectares, of which nearly 90% is productive forest land. The remaining area comprises open bog, lakeshore, roads, and unplanted sections. Sitka spruce is the dominant tree species, accounting for 75% of the forest cover. Ash makes up 9%, while the rest includes a mix of mostly hardwood species such as oak, alder, and sycamore. The ash stands are supported under the reconstitution scheme. In terms of forest age structure, around 10% of the land is unplanted, while 12% comprises recently reforested areas—mainly Sitka spruce—following clearfelling in 2023 and 2024. Additionally, 22% is classified as young plantations, including approximately 6 hectares of poplar at Glenagross. About 33% of the forests are semi-mature, ranging between 10 to 20 years old, though some areas have lower yield potential. Mature forests ready for immediate harvest make up 22% of the land, with felling licences already secured for some areas. For further information please request access to the Dataroom: www.projectwestforestry.com Contacting Agents at Lisney are Thomas Byrne and Harry Talbot Access is generally good, with most properties bordering public roads and having internal forest roads in place. Ballykelly is the exception, lacking a registered access route, although a right of way is prescribed. Two properties, Ballykelly and Glennknevin, are subject to windfarm lease options. Lough Bourke and Meneens benefit from significant lakeshore frontage—on an inland lake and the River Shannon, respectively.