Northern Horizon specializes in healthcare and other specialized investment strategies in Northern Europe. ‘Aged Care Fund IV’ helps the Nordic countries meet the challenge of a rapidly ageing population by funding the development of modern and high-quality care homes and healthcare assets.

The 1,585 sqm preschool was completed in April 2022. It has a capacity of 120 children and is located in Skurup in the metropolitan area of Malmö which is the third biggest city in Sweden. The preschool will be operated and leased on a long-term basis – 20 years – by Skurup Municipality.

We are excited to include the Skurup preschool in our portfolio of healthcare assets. ‘Aged Care Fund IV’ has already invested in several care homes in the Nordics. Investing into preschools offers attractive diversification benefits and is also an exciting opportunity for us to bring into play our social infrastructure capabilities in a healthcare asset class that is new to us, says Jonas Nolin, Investment Director, Northern Horizon Sweden.

Arctic Securities has advised Northern Horizon on the deal. Widehov Konsult AB is the advisor for the seller, HC Lindskog Holding AB.