Sep 28, 2007. /Lesprom Network/. As announced on 4 October 2006, Stora Enso will close down Reisholz mill by the end of 2007. The mill's two paper machines will cease production by year end and will then be scrapped. Stora Enso has now signed an agreement to divest its Reisholz mill site real estate to Slough Estates Commercial Properties, a fully owned subsidiary of SEGRO plc, a real estate investment trust (REIT) based in the United Kingdom. The asset disposal will improve Stora Enso's third quarter 2007 operating profit by about Euro 10 million. This will be recorded as a positive non-recurring item in the third quarter 2007 results. According to SEGRO's current plans, the land will be developed for big boxes-logistic users as well as light industrial users. This will change the type of land use away from paper production. Reisholz mill produces improved super-calendered (SC) papers and has a total annual capacity of 215 000 tonnes.