Investments

 

INVESTMENTS IN LATVIA

As of Dec 31, 2016 the fund holds 1,115 ha of natural forest land in Latvia with 102,000 cubic metres of standing timber. The forest is managed locally by the forest management company Skogssällskapet.

INVESTMENTS IN BRASIL

As of Dec 31, 2016 the fund lease forestland in the Pará region in Brazil with full ownership of the standing timber amounting to 178,000 teak trees aged 10 to 19 years with a volume between 0.19 and 0.68 per tree.