Kinland, a social infrastructure company managed by real asset manager Patrizia, has added 49 preschool and care units worth €170m to its portfolio.

Kinland has completed a series of bolt-on acquisitions, expanding its portfolio from 372 to 421 properties. The transaction includes two forward-funded units expected to be completed in the third quarter of the year.

The assets maintain high occupancy and long-term triple-net leases of up to 15 years, with a primary geographic focus on the Greater Stockholm and Greater Helsinki regions.

Following the deal, Kinland’s Swedish footprint will increase from 15 to 34 properties.

Graham Matthews, head of fund management infrastructure at Patrizia and chairman of the board of Kinland, said: “These acquisitions underline the scalability of the Kinland platform and the strong institutional appetite for high-quality social infrastructure driven by accelerating urbanisation.

“Expanding the portfolio to more than 420 assets across the Nordics further positions Kinland at the forefront of the convergence of real estate and infrastructure, where long-duration, community-critical assets generate both financial resilience and measurable societal impact.”

Benjamin Thorsen, CEO of Kinland, said: “This programme of bolt-on acquisitions demonstrates Kinland’s ability to execute at scale and to deploy capital into assets with strong demographic fundamentals, high operational performance and long-term contractual visibility.

“By materially increasing our presence in Sweden and continuing to expand in Finland, we are reinforcing our position as a pan-Nordic leader in social infrastructure, with a portfolio that is both resilient and aligned with long-term societal demand.”

To read the latest IPE Real Assets magazine click here.