FREY acquires two new forests and accelerates its zero carbon strategy
A forestry group, FoREY®, was created and in June acquired its first forest of 104 hectares, situated in Côte d’Or, in Messigny-et-Vantoux.
Now, FoREY® is expanding its forestry land with the purchase of two more forests:
– The Forest of Horte, covering 268 hectares in the department of Charente, near Angoulême. This forests contains a rich diversity of trees, including both hardwoods (mainly oak and beech) and softwoods (Douglas fir and Norway spruce).
– The Forest of Wegschteidt, covering 148 hectares in the department of Haut-Rhin, near Mulhouse. This forest is situated in one of the best regions in France for forestry operations and offers a number of advantages. It has huge potential for valorising flora and fauna, with a rich variety of hardwoods in particular (spruce, larch, cedar and Douglas fir, in particular).
2020 HY results - Strong outperformance from FREY open-air shopping centres in the context of an unprecedented health crisis
Finance & results