Northern Horizon’s fourth European care home fund has invested more than €30m to acquire its seed asset in Denmark.

The Northern Horizon Aged Care Fund IV fund has bought the 72-bed care home located in Frederikssund developed by SPD.

The care home is operated by Attendo and the acquisition also includes 30 senior housing apartments.

Kasper Wehner, investment manager and country director for Northern Horizon in Denmark, said: “Care homes remain our core focus, but we see more opportunities arising where care facilities are combined with senior housing or other usages to create a strong local community.

“Such mixed senior living focused concepts are more commonplace abroad but are still relatively new to the Nordic region.”

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