Catella Real Estate said on Tuesday that its capital investment company has launched the Focus Global Forests fund. Set up as an institutional real estate fund, the vehicle will invest worldwide in a portfolio of woodlands in Eastern Europe, Australia and the United States, among other places. 'The biological growth and the associated capital appreciation make wood particularly interesting as an asset class,' said Andreas Kneip, CEO of Catella Real Estate.
Catella Real Estate said on Tuesday that its capital investment company has launched the Focus Global Forests fund. Set up as an institutional real estate fund, the vehicle will invest worldwide in a portfolio of woodlands in Eastern Europe, Australia and the United States, among other places. 'The biological growth and the associated capital appreciation make wood particularly interesting as an asset class,' said Andreas Kneip, CEO of Catella Real Estate.
For the purpose of risk diversification, the fund invests worldwide in woodlands with a variety of tree species, such as pine, eucalyptus, and oak. The fund’s investment policy will focus on environmentally and socially compatible commitments. Catella will work together with partners Neue Vermögen and Pöyry Forest Industry Consulting, a Finnish company that is among the world's leading consultancy firms for the forest and timber industry.
