Ikea to buy more forestland in the Baltics

Inter Ikea Group is expanding its forest ownership in the Baltic region with a new agreement to acquire approximately 24,000 hectares of forest assets in Latvia and Lithuania from Dasos Timberland Fund II, a private equity fund managed by CapMan Natural Capital. The investment is estimated to exceed the fund’s return target. The transaction is expected to close in the first half of 2026, subject to regulatory approvals. CapMan Natural Capital said the forests have reached a mature stage in their value creation cycle after more than a decade of active management. The firm noted it has ...