Nordic — Northern Horizon, the leading specialized social infrastructure asset manager in the Nordics, today announced new equity commitments of EUR 220 million for its latest fund, Aged Care Social Infrastructure Fund, and includes new investments from German institutional investors KZVK Dortmund and Helaba.

Sweden — Skanska has divested an elderly care home, currently under construction in Falun to Northern Horizon for about SEK 330M. The project, a specially adapted residence for seniors (SÄBO), is being developed turnkey by Skanska Sweden for the tenant, Falu Municipality.

Denmark — Northern Horizon, a specialist asset manager in social infrastructure in the Nordic region, is acquiring a portfolio of retirement homes from AP Ejendomme, a subsidiary of AP Pension, a major Danish pension company, for its fifth retirement home fund, the Aged Care and Social Infrastructure Fund. AP Ejendomme has successfully developed and built the retirement homes and has established a close partnership with the operator Danske Diakonhjem, who will continue to operate the homes. The transaction value exceeds DKK 500 million, equivalent to approximately SEK 750 million.

Finland — Northern Horizon continues to expand its healthcare portfolio and acquires a care home under development in Finland, with an expected ‘BREEAM Excellent’ rating. The investment is for its fifth healthcare fund, which is deploying significant further capital to help meet the growing demand for modern care facilities in the region.

Finland — Northern Horizon, specialized healthcare asset manager in the Nordics, has acquired a Finnish portfolio of two healthcare properties for its new evergreen healthcare fund, Aged Care and Social Infrastructure Fund. The portfolio was acquired from EQ Community Properties Fund in an all-equity deal, reflecting the Funds’s focus on continuous deleveraging.

Nordic — Northern Horizon group appoints Christoffer Abramson as CEO and current CEO Milda Darguzaite becomes new Member of the Board

Nordic — Northern Horizon has announced that the firm has successfully completed the conversion of its third healthcare fund into an open-ended fund. With the launch of the evergreen fund, Northern Horizon Aged Care Social Infrastructure SCSp SICAV-RAIF, Northern Horizon increases its long-standing commitment to address the shortage of modern care homes in the Nordics.

Denmark — Northern Horizon, specialized healthcare real estate investor, has signed a deal with Danish developer Scandinavian Property Development to purchase a care home under construction in Hørsholm, Denmark. Once completed in the summer of 2025, the care home is expected to achieve DGNB Gold certification. Attendo A/S will operate the care home.

Finland — Northern Horizon acquires portfolio of 15 prime healthcare properties in Finland from EQ for EUR 75 million.

Finland — Through its Aged Care IV fund, Northern Horizon has entered into an agreement to acquire a new purpose-built care home for people with autism. The care home is located on the lakeside in the city center of Kuopio, the largest city in Eastern Finland.

Finland — Jussi Rouhento will rejoin Northern Horizon as the Fund Manager and Managing Director in Finland as of 1 July 2023.

Sweden — SBB sells elderly care homes and project property at an agreed property value upon completion of SEK 1,382 million to Northern Horizon.

Sweden — Northern Horizon announces the purchase of a newly built preschool in Skurup for its ‘Aged Care Fund IV’ fund.

Finland — Nordic Aged Care Fund (Northern Horizon’s 3rd Fund in the aged care series) has acquired a care home in Lahti, Finland from Skanska Finland for circa EUR 20M.

Sweden — Skanska has sold the retirement home Villa Brogården in Alingsås, Sweden, for about MSEK 260. The buyer is Northern Horizon through its real estate fund Nordiska vårdhem.

Finland — Skanska has sold a care home in Lahti, Finland, for about SEK 210 million (EUR 20 Million).

Sweden — Skanska has sold a retirement home in Växjö, Sweden, for about MSEK 240 (EUR 23M). Buyers are Nordiska Vårdhem (Northern Horizons Health Property Fund) and the tenant is Humana.

Finland — In a transaction signed and closed last week, Northern Horizon has sold its Healthcare II fund to a fund managed by Evli. The transaction values the fund’s 30-asset Finnish portfolio at EUR 141M.