The expected gross gain corresponds to the amount (in the selected currency) that we will pay you back when your trees have been cut. It is based on the natural growth rate of a tree, which is estimated at around 2% per year. This expected gain is referred to as “gross" because it is calculated on the basis of the price of the tree excluding VAT.
We acquired the Old Gravel forest in Nysum in December 2023. It is an old gravel pit located in Northern Jutland about 30 kilometers south of Aalborg, Denmark’s 4th largest city.
