LAUNCESTON timber company Gunns has made the first move in its bid to restructure the company, advertising a preliminary notice for the sale of 28,000 hectares of native forest blocks.
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Gunns will sell 106 titles, with lots ranging from 80 hectares upwards.
The native forest sale was promoted by the company as necessary to gain a "social licence" across its forestry operations.
Many of the titles being sold by Gunns have lake or river frontage and are being offered with freehold title, unencumbered by Gunns.
In a preliminary sales document, Gunns said the land would appeal to a wide range of investors nationally and internationally with uses including forestry, tourism, conservation, grazing, subdivision, carbon trading and lifestyle pursuits such as fishing and hunting.
The native land sale is a small component of a major restructure that includes the sale of non-forestry assets, such as Mitre 10 and Tamar Ridge Estates.
Money from asset sales is to be used to pay down debt and help fund Gunns' 51 per cent-plus stake in its new pulp mill joint venture, Southern Star.
Resources Minister Bryan Green said he had attended one "very worthwhile" meeting with Gunns about the $2.5 billion project, which is yet to secure a partner.
Mr Green would yesterday not say if he was confident of it proceeding.
"What I am confident of is that the Tasmanian Government is committed to ensuring that we give the pulp mill every chance of success in Tasmania, and I look forward to working with the industry to ensure that happens," Mr Green said.