About HD Forest

HD Forest is the largest private independent manager and developer of responsible forests in the three Baltic States: Estonia, Latvia and Lithuania.

HD Forest is present with local management and employees in all three markets and has been active in the Baltic States since 1998. HD Forest offers a broad field of services within forest management and management of forest investments for private as well as for institutional investors. HD Forest’s forest management is built on recognised practise and local expertise, and financial reporting to the forest owners is built on the auditing standards in force at the time in question.

forest investment

HD Forest is a part of Hedeselskabet and of HedeDanmark a/s

HD Forest is a subsidiary of Hedeselskabet and of HedeDanmark a/s, which is an international service and trading enterprise in the green area. HedeDanmark a/s is owned by the association Det danske Hedeselskab and its patron is Queen Margrethe II. For more information about HedeDanmark a/s, visit www.hededanmark.com


HD Forest advises on forest management, provides promotion and brokerage services relating to the sale of forest areas and advises on acquisition of forest areas. Annual returns may vary, and an investment in forest areas could lead to a loss of all or part of the capital invested. HD Forest is not liable for any tax consequences associated with investments in forest areas, and investors are therefore advised to seek professional advice from a lawyer and/or an accountant.