- Gresham House, the specialist asset manager, intends to establish a new fund for institutional, family office and professional investors to be advised by its subsidiary, Aitchesse Ltd.

It is intended that the fund will initially acquire an attractive portfolio of forests in the west of Scotland for GBP12.1m including all costs and taxes. This portfolio consists of five forests with an aggregate size of 1,975 hectares (4,880 acres). The Fund will be structured as a Scottish Limited Partnership (SLP) with a target size of GBP25.0m.

At 8:55am: [LON:GHE] Gresham House Plc share price was 0p at 330p

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