Northern Horizon has acquired a portfolio of six care and nursing homes in Sweden from Urban Partners on behalf of Nordic Strategies Fund III (NSF III).
The Northern Europe real assets manager, through its Aged Care Social Infrastructure Fund (ACSIF), has acquired the portfolio comprising 27,000sqm and more than 370 care units across the Stockholm region and southern Sweden for an unspecified sum.
Urban Partners said the disposed assets were completed between 2019 and 2021 and have been fully operational and stabilised for several years.
Jani Nokkanen, co-head of real estate and CIO at Urban Partners, said: “This transaction reflects strong investor interest in high-quality Nordic care assets and validates the value created through our development and stabilisation approach. Strong interest from several institutional investors underlines the depth of demand for well-structured care portfolios in the Nordics.
“As the portfolio is now fully established, this marks the next phase in its lifecycle, while we remain firmly committed to investing and growing within the care segment.”
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