FLE GmbH has acquired an area of more than 600 hectares of forest land in Slovakia — its first forest investment in the country.
According to FLE, “the newly acquired forest is located in eastern Slovakia and is characterized by its almost entirely broadleaf composition, with primary tree species including beech, hornbeam, and oak. Situated on gentle rolling hills at the end of a valley, the forest is easily accessible for forestry operations. Its proximity to a national road and a railway loading terminal facilitates smooth and ecological transport.” In addition, FLE reports, “the forest boasts a diverse range of age classes, from newly natural-regenerated sites to mature crops ready for harvesting. This distribution is atypical for Slovak forests and presents a unique opportunity to adjust the timber yield from time to time by focusing on the felling of older crops.”
FLE GmbH is based in Vienna and is part of the French LFPI group, an independent international multi asset manager with approximately EUR 28 billion of assets under management. FLE GmbH is LFPI’s regional asset manager for real estate investments into DACH and CEE as well as forest investments in Europe.
According to FLE, “any forest acquisitions by FLE adhere to stringent specifications, including, inter alia, criteria such as species diversity, stand stability, quality of forests, soil conditions, and local weather conditions. By prioritizing these elements, FLE is committed to ensuring the sustainability and resilience of its forestry investment while contributing to environmental conservation and protection.”