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Property holdings now 7,366 hectares

2014-10-09
At the end of the third quarter property holdings were 7,366 hectares of which 5,134 forest, 1,718 agricultural land and 514 other land. Total estimated growing stock is 559,000 cubic meters.
 
During the third quarter land holdings increased by 349 hectares through the purchase of 26 individual properties with a total growing stock of 20,300 cubic meters. The total purchase price was 371 KEur (3.4 MSEK) which corresponds to 1,066 Eur (9,750 SEK) per hectare. The average purchase price per cubic meter during the quarter was 14.7 Eur (133 SEK) if the value of the agricultural land is taken into account.
 
At a share price of 7.10 SEK the growing stock is estimated to be valued at 9.36 Eur (87 SEK) per cubic meter when taking into account the value of the agricultural and forest land. The estimated net asset value, after land purchases and harvesting, is approx. 1.28 Eur (11.74 SEK) per share.