The transactions involved MEAG’s acquisition of 100% interests in two sustainably managed forestland portfolios, each comprising approximately 4,000 hectares.

MEAG is the asset manager of Munich Re, a leading German insurance company. With branches in Europe, Asia and North America, MEAG also offers its extensive know-how to institutional investors and private clients from outside the company group. MEAG currently manages assets to the value of around €360bn, €62bn of which for non-Group investors.

In addition to the asset classes of real estate, infrastructure, private equity and agriculture, forestry is an integral part of MEAG’s global alternative investment strategy. MEAG has many years of experience not only in forestry and the associated financial aspects but also in sustainable forest management and relies on Munich Re’s particular expertise in the assessment of natural hazards and the potential impacts of climate change.

Our core real estate team consisted of Counsel Antti Aaltonen and Senior Attorney Tuomas Tiensuu, who were primarily assisted by Associates Nora Liimatainen, Vilho Virmavirta and Meri Wiskari. Partner Kai Holkeri and Associates Vilho Virmavirta and Neli Chamba advised on tax matters. Partner Ilkka Leppihalme and Associate Emilia Rosenblad advised on competition law and FDI matters.