Silvestica aqcuires 40 000 hectares of forest land in northern Sweden

01 December 2020

Silvestica Green Forest has acquired 40 000 hectares of forest land from Norra Skogen in an off-market transaction. The acquisition is part of Silvestica’s ambition to increase its land ownership in Sweden. The newly acquired land is located in Norrbotten, Västerbotten, Västernorrland and Jämtland.

Silvestica is a long-term forestry fund founded by SEB, Hesselmanska Stiftelse and CRK, that manages and improves its forest ownership in a responsible and sustainable manner. Silvestica now owns approximately 110 000 hectares of forest divided across five European countries.

Wigge & Partners has advised Silvestica on the transaction. Our team consisted of Daniel Unger (Real Estate) and Frida Sander (Funds and Investments).