Aged Care Social
Infrastructure Fund

Aged Care Social Infrastructure Fund is the fifth healthcare fund managed by Northern Horizon. The fund is the result of a conversion of its third healthcare fund, Nordic Aged Care Fund, into an open-ended fund.

Aged Care Social Infrastructure Fund aims to invest in modern aged care homes and other social infra properties in Sweden, Finland, Norway, and Denmark.

The seed portfolio comprises 63 high quality, fit-for-purpose care properties located in Sweden and in Finland.

The portfolio will continuously grow in all the target countries with capital from existing and new investors.

The fund is directed at institutional investors and other professional investors only.

The Fund is not involved in the provision of care. Premises are leased to private and public care operators.

Highlights

2024

Vintage year

63

Assets

Fund facts

  • Fund name

    Northern Horizon Aged Care Social Infrastructure

  • Fund structure

    Non-public open-ended
    Luxembourg SCSp SICAV-RAIF

  • Investment profile

    Aged care homes and other social infra properties in the Nordics

  • Vintage year

    2024

  • Number of properties

    63

  • Total portfolio size

    156,000 m2

Asset portfolio

Investments by country

68%

Sweden

32%

Finland

Assets

Browse the fund's assets or select asset gallery for more options.

Humana Växjö

  • Växjö, Sweden
  • 72
  • Elderly
  • 5564 m2
  • 2019
  • LEED Platinum

Ambea Tierp

  • Tierp, Sweden
  • 57
  • Elderly
  • 3737 m2
  • 2021
  • LEED Gold

Ambea Nya Hovås

  • Göteborg, Sweden
  • 51
  • Elderly
  • 4206 m2
  • 2019
  • LEED Gold

Ambea Laholm

  • Laholm, Sweden
  • 60
  • Elderly
  • 4264 m2
  • 2020
  • SGBC Bronze

Esperi Saga Lahti

  • Lahti, Finland
  • 96
  • Elderly
  • 4100 m2
  • 2020
  • LEED Silver

Ambea Helsingborg

  • Helsingborg, Sweden
  • 108
  • Elderly
  • 7343 m2
  • 2021
  • LEED Gold

Ambea Brandbergen

  • Haninge, Sweden
  • 78
  • Elderly
  • 5656 m2
  • 2020
  • SGBC Silver

Motala Municipality

  • Motala, Sweden
  • 40
  • Elderly
  • 3678 m2
  • 2017
  • SGBC Silver

Ambea Angered

  • Göteborg, Sweden
  • 72
  • Elderly
  • 5300 m2
  • 2020
  • LEED Gold

Kristianstad Municipality

  • Kristianstad, Sweden
  • 54
  • Elderly
  • 3584 m2
  • 2017
  • LEED Gold
Asset gallery

Sustainability aspects

Aged Care Social Infrastructure Fund represents a potential for long-term capital growth the opportunity to create social value in the Nordics. As such, ESG is embedded in the investment objectives of the fund. The fund is aligned with SFDR Article 8, and ambitious sustainability targets have been set for the properties such as net zero operational carbon by 2030.

With the launch of our fifth fund, Northern Horizon increases its long-standing commitment to address the shortage of modern care homes in the Nordics.

The fund management team

Humana Växjö

Investment case

Humana Södra Växjö is an elderly care home in Växjö, Sweden, offering residential care for some 72 persons. Skanska has developed the building, and Humana operates the care home under a 15-year lease agreement.

Learn more

Fund management

Aged Care Social Infrastructure Fund is managed by a team with extensive experience from Nordic healthcare real
estate investments. The investment team is based in Stockholm, Helsinki, and Copenhagen.