Key Takeaways
- • INVL Sustainable Timberland and Farmland Fund II (STAFF II) acquired 1,270 hectares of forest and agricultural land in Latvia, including 338.2 hectares of forestland, through subsidiaries Zemvalde Forest and Zemvalde Agro.
- • The fund has raised EUR 81.3 million total from investors and now manages 17,000 hectares of forest and land across the Baltic countries and Central and Eastern Europe.
- • STAFF II continues active portfolio expansion in sustainably managed forestry and agriculture, having established positions in Lithuania, Latvia, and Romania, with plans to pursue additional acquisitions in CEE markets offering attractive returns and stable regulatory frameworks.
- • The Luxembourg-domiciled fund is administered by Apex Group and targets institutional and private investors from EU countries, emphasizing sustainable forest management and social responsibility alongside financial returns.
Summary
INVL Sustainable Timberland and Farmland Fund II completed an acquisition of 1,270 hectares of forest and agricultural land in Latvia, marking continued geographic and portfolio expansion for the Baltic-focused timberland and farmland investment vehicle. The acquisition was executed through the fund's subsidiaries Zemvalde Forest and Zemvalde Agro, with the purchased holdings comprising 338.2 hectares of forestland and the remainder as agricultural land. The transaction reflects STAFF II's strategy to consolidate high-quality forestry and agricultural assets across Eastern European markets.
The fund has now accumulated total capital commitments of EUR 81.3 million from its investor base and manages 17,000 hectares across multiple countries. According to Martynas Samulionis, the fund's managing partner, STAFF II is leveraging its capital base to pursue long-term investments with "great potential for developing sustainable forestry and agriculture in Latvia's regions." The fund has successfully deployed capital in Lithuanian and Latvian markets and recently entered Romania, with management actively evaluating additional acquisition opportunities in Central and Eastern European Union countries that offer both attractive investment returns and stable regulatory environments.
STAFF II operates as a Luxembourg-registered fund administered by Apex Group, one of Europe's largest fund service providers. The fund explicitly follows global sustainable management practices, placing emphasis on environmental stewardship and social responsibility alongside financial performance. It is structured to serve institutional and private investors domiciled in EU member states, with investment mandates designed to comply with the regulatory restrictions of individual target countries.
The fund has now accumulated total capital commitments of EUR 81.3 million from its investor base and manages 17,000 hectares across multiple countries. According to Martynas Samulionis, the fund's managing partner, STAFF II is leveraging its capital base to pursue long-term investments with "great potential for developing sustainable forestry and agriculture in Latvia's regions." The fund has successfully deployed capital in Lithuanian and Latvian markets and recently entered Romania, with management actively evaluating additional acquisition opportunities in Central and Eastern European Union countries that offer both attractive investment returns and stable regulatory environments.
STAFF II operates as a Luxembourg-registered fund administered by Apex Group, one of Europe's largest fund service providers. The fund explicitly follows global sustainable management practices, placing emphasis on environmental stewardship and social responsibility alongside financial performance. It is structured to serve institutional and private investors domiciled in EU member states, with investment mandates designed to comply with the regulatory restrictions of individual target countries.
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