ATP set to invest $500m in forestry

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DENMARK - ATP plans to invest up to DKK3bn (US$547m) in forestry through its new subsidiary ATP Timberland Invest K/S.

The first investment in this asset class is the 38,000 hectares forest of Upper Hudson Woodland in New York State, which has been acquired at a value of DKK180m. It will be run by ATP vice-chie...

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