CTP purchased 460 hectares of forest in eastern Czechia raising the total forest the company owns to 560 hectares. The purchase is part of CTP’s strategy to own one square meter of forests for every one square meter of buildings it has, and with this ownership, to restore and protect the forests’ native biodiversity. This purchase brings CTP to the 89 percent benchmark of this goal. In 2019, CTP acquired the first 100 hectares of forest and set the goal to own one square meter of the forest for every one square meter of its built portfolio, while working to restore and protect the original biodiversity of the forests. In February 2021, CTP moved closer to this goal with the purchase of a 460 hectares forest close to Zlín, a regional town in the southwest of Moravia which holds a rich history of manufacturing. This purchase brings CTP to 89 percent of its target compared to the GLA of 6.3…