Altiden Holte

Altiden Holte is located in the municipality of Rudersdal in the Northern area of Greater Copenhagen. Today, the municipality has a population of around 56,000 and like most of the other 97 municipalities in Denmark, the elderly population is growing rapidly. The forecast for Rudersdal shows an expected increase of 30% for the +80 years-old towards 2032.

This demographic trend has created a need for privately owned and privately operated aged care homes to complement the facilities owned and operated by the municipally.

A modern care home designed to feel like home

Altiden Holte offers 72 bright and airy apartments and plenty of common areas. The facilities are located in green surroundings. Inspired by terraced houses, most of the property is one plan, creating a familiar and homely atmosphere for the residents, many of whom are affected by dementia.

The property was completed in August 2021. Besides being a modern purpose-built care home, a strong point for residents, family members as well as staff is the location in a residential area just 2.5 km from the city center of Holte.

The care home offers its residents studio apartments as well as one-bedroom apartments. The apartments include bedroom areas/bedrooms, seating areas, private kitchenettes, and bathrooms. The apartments are spacious, which allows for individual furnishing and ensures plenty of space for the care team and for disability aids.

Altiden Holte has many common areas including a living room with a fireplace, a café, and a fitness room. There is also a hall where concerts, cinema, dancing and lectures are organized. Outdoors, there is a sensory inspired garden, atrium gardens, communal terraces, a greenhouse, as well as green paths.

Private operator Altiden operates the care home according to the ‘Fribo concept’, which is designed to ensure the everyday life for residents with physical and cognitive challenges. Altiden is part of Ambea, the leading care provider in Scandinavia, that operates more than 100 care homes across the Nordics.

Altiden Holte is designed with a strong focus on the environment and a healthy indoor climate. The roof is equipped with a solar panel system and the separation of wastewater and rainwater also contributes to reducing the environmental impact.

Altiden Holte ticks all the boxes in the investment strategy for Aged Care Fund IV: The asset is located very close to the city center, it is designed for modern aged care and with a lot of focus on sustainability, and to add, it is operated by an established operator on a long-term lease.

Altiden Holte was acquired by Northern Horizon for Aged Care Fund IV in March 2023 in the largest ever care home transaction taking place in Denmark.