NREP's senior living arm Altura has acquired a elderly care home in Sollentuna, Sweden, for about SEK 280 mln (€28 mln) from development giant Skanska.
Skanska has already secured operator lease agreements with Nytida and Vardaga. The transfer will take place on completion of the property, during the third quarter of 2022.
When completed, Villa Tureberg will be a five-story elderly care home, consisting of approximately 4,500 m2 of accommodation for elderly and 500 m2 of group housing with special services for adults. It is being built with focus on safety, sustainability, and long-term development. The project is developed by Skanska Sweden.
The building will have a very low environmental impact, according to Skanska, as it is equipped with solar panels on the roof and is being built with materials with a low climate impact, such as wood and recycled bricks in the facade. The building will be certified according to LEED Gold.
Villa Tureberg is the first building project to be started at the old exhibition area in Sollentuna, outside Stockholm. When the entire area is developed, it will consist of approximately 700 new homes and commercial premises.
