Tetris A/S has 60 employees within the complimentary business lines of real estate investment and development, project management services as well as construction steering. Through a data-driven and analytical approach founded on scientific research and thorough demographic analysis, Tetris A/S has developed the senior co-living platform VoksenPlus. The concept is designed to improve social relations and address loneliness among seniors by emphasizing on community creation.
Catella Corporate Finance has acted as exclusive financial advisor to Tetris in the sale.
“Tetris A/S has been successful in developing attractive real estate concepts and projects by being on the forefront of industry trends and forecasting end-user desires. Their concept VoksenPlus targets a mega-trend with significant potential in Denmark as more than 80,000 seniors consider moving into senior housing communities within the next five years. We are proud of the trust shown to Catella by the partners at Tetris A/S in this very important strategic move for the company. We do believe partnering up with NREP - one of the leading Nordic private equity investors in the real estate industry will be a strong match to support the ambitious future business plan. Furthermore, thank you to Plesner for providing strong corporate M&A as well as real estate experience important to secure the successful outcome of this transaction,” says Jesper Bo Hansen, Head of Corporate Finance at Catella and continues:
“At Catella, we are focused on being the link between property and finance, and we feel well- positioned across the Nordics where we expect to see more platform-driven transactions in the real estate sector.”
"A new report from VIVE shows that 25% of all 52-62-year-old Danes are considering moving within the next five years. And of them, up to 40% of senior housing communities look attractive. Many seniors nowadays live in homes that they think have become too large, but the real alternatives are few. There simply aren't enough homes to match seniors' wishes. Given that a third of Denmark's population will be over 55 in 2030, here is considerable potential," says Rune Kock, Partner at NREP and continues:
"Tetris is at the forefront of development and is good at seeing what cities and citizens want. Like Tetris, we work extensively and long-term with, for example, anthropologists and other experts to develop housing concepts that both match real needs of users and solve important problems in society. We see a good and scalable potential in Tetris."