• Very well consolidated property that encompasses 4,829 hectares of productive forest and plantations with a total standing volume of approximately 529,720 cubic meters and an average growing stock on productive forest land of 110 m³/hectare.
• The properties are primarily located in the Pasienes municipality in the Latgale region of Latvia.
• Birch is the dominant species, followed by spruce, pine, and white alder.
• In total, 1,832 ha are registered plantations whereof about 1,100 ha are registered spruce plantations younger than 20 years old.
• A total of 604 hectares of agricultural land with 428 ha currently being leased out.
• A field assessment was conducted to verify the forest data, and the field control measurements showed an average of 13% higher volume than the database.
• A small part, approximately 3% of the area, or 4% of the volume, is under APROB restriction, with the main restriction being no clearcuts and only selective cutting and thinnings.

Please follow this link for web version of memorandum with more information about the portfolio and the sales process.