• We comply with global standards. Sustainable forest management is guaranteed by compliance with national and global legislation and application of international standards of sustainably managed forests to our activities.
• We take care of our employees. Our fund ensures an economic and social prosperity of its employees. Employment is voluntary, non-discriminatory and based on mutual agreement. We also encourage our employees to constantly learn and improve.
• We cooperate with communities. We strive to maximise social and economic benefits brought to local communities by taking care of our forests.
• We manage forests meticulously. We aim to manage our forests in a way which would allow them to flourish for centuries and bring a wide range of benefits for people and the environment:
• we have defined a maximum annual rate of harvesting to increment growth, which does not exceed the level of sustainable forest use;
• we ensure that the ratio of the sum of areas of mature and near-mature forest stands to the total managed forest area would be at least 20%;
• we look after and protect the prosperity of landscape, environment and culture;
• we are committed to leave at least 10% of owned forests for natural dynamics except for the cases when it is necessary to be done in order to maintain biodiversity or deal with the effects of a natural disaster;
• we protect trees with breeding caves, nests, loose bark and other microhabitats, and also take care of distinct trees, including champion trees, veteran trees and multi-stem trees;
• we do not carry out felling near water bodies.

We cooperate with farmers who undertake crop rotation and thus protect arable land from degradation. Our aim is to commit at least 3% of farmland to the causes of biodiversity and agri-environment. We also plan to afforest less fertile land. What is more, we provide good conditions for farmers by giving them high-yielding land and signing long-term rental contracts. These factors allow farmers to expand their activities and create jobs in rural areas.

The value of a forest or arable land is the price that buyers are willing to pay. It is affected by many factors, therefore, the exact criteria buyers take into account when assessing the value of a forest or farmland depend on their aims. Because of this, differences in bids may arise.

The INVL Sustainable Timberland and Farmland Fund II team prioritises sustainable asset management and thus carefully evaluates both forest and angricultural land proposals. If you are considering selling a forest or farmland and would like to receive an offer from an experienced team aiming at long-term and sustainable asset management, please contact us by submitting an enquiry above.

Determining the value of a forest:

The evaluation of a forest begins with the analysis of its inventory reports. Attention is paid to tree species composition, wood quality, sanitary conditions, soil productivity, and the age structure of a forest, which determines whether harvestable age has been reached. The value is also affected by the situation in the roundwood market and binding environmental restrictions.

If there are trees of different ages in your forest, it is likely that firms investing in felling processes and equipment or logging companies will offer the highest price for the mature part of the forest, but may offer less for the growing part of the forest and young tree stands.

Determining the value of farmland:

To estimate the value of agricultural land, qualitative parameters of the plot are assessed. The condition and fertility of farmland, accessibility, soil structure, shape of drainage systems, and various other criteria are all taken into consideration.

Forest valuation process:

To find out the preliminary value of the forest, the owner should refer to the State Forest Service, which collects and manages information on all forests, and request a forest inventory report for the forest in question. The final value of the forest can be determined by a professional forester.

Forest inventory reports contain:

• the identification code of the cadastral object;
• spatial data of the cadastre, including geographic location, forest block number, and land plot area;
• forest land-use categories (e.g., stand, cutting area, dead stand, forest clearing, forest swamp);
• data on dominant tree species, stand origin, productivity, stocking level, forest site, forest group and subgroup;
• descriptive data for trees: tree layer, tree species, and tree species coefficient within the species composition of the layer;
• average age (in years) and average height;
• data on forest management actions performed in the cadastral object.

Forestry specialists check precise forest inventory figures during an on-site review of the forest parcel.

Please note that forest owners do not necessarily have to submit the request to the State Forest Service themselves. Since subsidiaries of INVL Sustainable Timberland and Farmland Fund II have access to the forestry service cadastre, it can obtain the preliminary inventory data from the database to assess the forest being sold and offer the owner a fair price.

Land valuation process:

To find out the preliminary value of the farmland owned, the landowner should refer to the Centre of Registers, whose database contains cadastral information on agricultural land, and obtain information on the plot in question. The final value can be determined by an agricultural professional.

Cadastral data include such information as:

• the identification code of the cadastral object;
• geographic location;
• utilised agricultural area, area of water bodies, and area of drained land;
• rights and laws applied to the cadastral object.

Land management specialists verify cadastral data during a physical inspection of the plot.

Please note that landowners do not necessarily have to refer to the Centre of Registers themselves. Since INVL Sustainable Timberland and Farmland Fund II uses various land databases, it can obtain the preliminary data to assess the plot being sold and offer the owner a fair price.

If you are considering selling a forest or agricultural land or have already decided to do so, we recommend that you identify the market players who could provide you with information and offer fair transaction terms:

• Choose a buyer. Make sure they not only offer the highest price but also ensure that proper care of the forest or land to be sold would be taken. Consider who is buying your forest, how much information they provide about themselves, and what the buyer’s objectives are.
• Fix the terms of the transaction. Typically, transaction terms are secured by signing a preliminary sale-purchase agreement that specifies the price of the forest or farmland, the settlement terms, and the declarations and guarantees by the seller and the buyer.
• Apply to the National Land Service for the permission to sell the forest or farmland.
• Once permission is received, sign the main sale-purchase agreement in the presence of a notary public.