Northern Horizon, specialized healthcare real estate investor, is pleased to announce the successful deployment of the investment capacity of €648 million for its fourth Nordic healthcare fund, ACIV. As of March 2024, the fund owns 44 assets and has committed to 3 assets under construction, bringing the portfolio to 47 assets in total.
Aged Care IV invests in modern, fit-for-purpose care homes and similar residential care assets in the Nordic countries. The fund’s strategy addresses the structural shortage of care homes and senior living concepts as a result of an ageing population in the Nordics, while at the same time helping to solve a societal challenge by providing good quality living conditions for the seniors. The buildings are leased to private and public care operators on long-term leases.
Source: nh-cap.com on the 4th of March, 2024