SHHA senior housing and healthcare real estate market report MIPIM 2026
2026 special report from SHHA, focusing on the senior housing and healthcare real estate market across Europe.
2026 special report from SHHA, focusing on the senior housing and healthcare real estate market across Europe.
Northern Horizon, the leading specialized social infrastructure investment manager in the Nordics, has completed an additional capital raise of EUR 140 million for its flagship ACSIF fund. With the new equity from MN, on behalf of PMT, and from UBS Asset Management, ACSIF surpasses EUR 1 billion in assets under management. The new equity will be used to finance a large portfolio acquisition in Sweden and to support the execution of an exceptionally robust pipeline in all its core markets.
Northern Horizon today announced a change in its ownership structure, introducing a partnership model.
Northern Horizon, the leading specialized social infrastructure asset manager in the Nordics, continues to deploy capital to help meet the growing demand for modern care facilities in the region. Over the past month, three new acquisitions for its latest healthcare fund have been completed in Finland, comprising 132 modern, purpose-built care beds in total. Northern Horizon’s Investment Director in Finland expects a high deal volume in 2026.
In this keynote interview conducted by PERE, Northern Horizon’s Christoffer Abramson and Andrew Smith discuss the evolving social infrastructure real estate landscape in the Nordics. In the interview, they delve into various aspects of the investment case: the rapidly growing elderly population, the strong government support for aged care, and the development and realization of new, modern aged-care facilities in the Nordics, which is typically a complex process involving close collaboration between the municipality, the developer, the operator, and the facility provider.
Located in the southern part of Jutland, Kolding Municipality is one of many municipalities in Denmark facing a growing elderly population and an urgent need for new aged care beds. The municipality decided a few years ago to establish an additional 170 care beds over a period of 4–5 years, as a combination of municipal and private care facilities. This paved the way for the design and construction of a new asset in Kolding, that today houses Mariehjemmene Kolding, the first private care home in the municipality, and KLAX kindergarten.<br />
Northern Horizon Capital AS, the management company of Baltic Horizon Fund, hereby notifies that on 30 October 2025, the previous sole shareholder Northern Horizon A/S (registered in Denmark under register number 27599397) transferred the ownership of this Estonian licensed fund management company to Antanas Anskaitis, Antanas Danys and Tomas Milašauskas.
Global Real Estate Sustainability Benchmark is internationally recognized as the standard for measuring sustainability performance. Northern Horizon has participated in GRESB’s annual sustainability assessments since 2018, and this year we are happy to share significant progress for both our healthcare funds.
Northern Horizon, the leading specialized social infrastructure asset manager in the Nordics, today announced new equity commitments of EUR 220 million for its latest fund, Aged Care Social Infrastructure Fund (“ACSIF”) and includes new investments from KZVK Dortmund and Helaba. The new capital takes the Fund’s equity above EUR 600 million, with AUM of approx. EUR 900 million. The new capital coincides with several attractive acquisitions of care homes and development projects in all the Fund’s core markets, adding up to EUR 120 million, demonstrating the team’s ability to deploy capital swiftly.
Northern Horizon, specialized social Infrastructure asset manager in the Nordics, continues to build the portfolio of its fifth healthcare fund, Aged Care and Social Infrastructure Fund, and acquires an aged care home under development in Falun, Sweden. The care home has been developed by and is acquired from Skanska for circa SEK 330 million.
Northern Horizon is acquiring a portfolio of aged care homes from AP Ejendomme, a subsidiary of AP Pension, a major Danish pension company. AP Ejendomme has successfully developed and constructed the care homes and has built a close collaboration with the operator, Danske Diakonhjem, who will continue to operate the care homes going forward. The transaction value exceeds DKK 500 million (EUR 67m).
Northern Horizon Capital AS, the management company of Baltic Horizon Fund, hereby notifies that management company’s current sole shareholder Northern Horizon A/S (registered in Denmark under register number 27599397) has signed a contract to sell all its 12,500 shares in Northern Horizon Capital AS.<br />