The Land Report

Summer 2014

The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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S cottish Land & Estates, which represents landowners throughout Scotland, issued a statement saying that the report "missed the opportunity to deliver constructive land reform and fails to address the real challenges facing rural Scotland. Instead, the report appears based on a bias against private landowner- ship and makes a series of unfounded recommendations that will create more publicly funded bodies, increase bureau- cracy and place an even heavier burden on the public purse." In the same press release, the group's CEO, Douglas McAdam, said, "This report is extremely disappointing in that it does not reflect the very substantial social, economic and environmental contribution made to Scotland by private landownership of all scales — something that successive Scottish administrations have recognised. Instead, the report contains a very negative view of landowners despite the fact that in its first report the Review Group acknowledged and highlighted quite fully the very constructive work private landowners were engaged in." In the report's foreword, Scottish Environment and Climate Change Minister Paul Wheelhouse singled out "the relationship between the land and the people of Scotland." He cited this bond as "fundamental to the wellbeing, economic success, environmental sustainability and social justice of Scotland and her communities." With regard to the more controversial recommendations in the report itself, the Minister struck a more muted tone. He promised to study it. Said Wheelhouse, "I am sure it will contain recommendations we agree with and some we do not, but I welcome the overall vision and proposed direction of travel." — Eric O'Keefe 20 The LandReport | S U M M E R 20 1 4 LANDREPORT.COM Above: Set on more than 49,000 acres, the Royal Family's Scottish holiday home — Balmoral — is a landmark holding and would not be affected by the recommendations of the Review Group. Previous page: According to the report, 432 private landowners own 50 percent of the private land in rural Scotland. SHUTTERSTOCK "The recommendations that there should be a limit on how much land anyone can own coupled with the suggestion of a land tax will strike fear in the heart of every single land owning Scot, whether they own 10 acres or 10,000." — Alex Fergusson MPS, Scottish Tory Rural Affairs Spokesman 19-20 [2014.2] FG Opener_Layout 1 5/26/14 12:34 PM Page 20

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