Europe’s timberland market is quietly changing hands
The scramble for forests in Europe is no longer confined to timber companies. Furniture retailers, investment funds and institutional investors are moving into the market at speed, buying land on a scale that would have been unusual only a few years ago. The latest example comes from the Baltics, where IKEA’s parent group has quietly assembled one of the region’s largest forest holdings. €720m. 153,000 hectares. One buyer. One week. Ingka Investments, the investment arm of the IKEA group ...
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