Transfer of 1,500 hectares of forest between Icor and I Asset Management



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Aware: 2020-12-21 10:04

Vladimir Ivanovo (VŽ) nuotr.

Baltic Green Fund, the investment management company I Asset Management, acquired 1,500 ha of forest land in Lithuania from the Icor group of companies.

The amount of the transaction is not disclosed. The fund is borrowing LTL 4.25 million from Citadele Bank to finance this transaction and future acquisitions in Latvia. EUR. I Asset Management started investing in forest land in the Baltic States in 2019. at the beginning of setup …

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