Catella Residential Enters Finland – Acquires 300 Apartments

Finland Finland — Catella Wohnen Europa, the pan-European residential fund advised by Catella Residential Investment Management, has entered its 10th market in Europe with the acquisition of a portfolio of over 300 apartments across Finland for nearly EUR 80 million.

Northern Horizon Exits its Second Care Home Fund

Finland Finland — In a transaction signed and closed last week, Northern Horizon has sold its Healthcare II fund to a fund managed by Evli. The transaction values the fund’s 30-asset Finnish portfolio at EUR 141M.

Northern Horizon Signs EUR 80M of New Care Homes

Finland Finland — Northern Horizon continues investing into Nordic healthcare real estate through its latest specialised care home fund, Nordic Aged Care. The fund has in December 2016 entered into forward purchase and funding contracts for a value of approx. EUR 80M in Finland. These latest investments comprise 20 properties most of which will be completed in 2017.

Largest Ever Healthcare Transaction in Finland

Finland Finland — Northern Horizon has sold its Healthcare I fund’s entire care home portfolio to a fund managed by eQ. The 27-asset portfolio was sold for €155 million.