Rayonier, a prominent real estate investment trust focused on timberland, boasts exceptional assets situated in highly productive regions for softwood timber growth in both the United States and New Zealand. At the conclusion of December 31, 2022, Rayonier's expansive portfolio consisted of 2.8 million acres of timberland under ownership or long-term lease agreements spread across regions such as the U.S. South, with 1.92 million acres, the U.S. Pacific Northwest with 474,000 acres, and New Zealand with 417,000 acres.