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ARTICLES TAGGED WITH "Michael Schönach"

Experienced Team Launches Management Firm for Nordic Investments

Nordic — The founders have previous experience from fund managers, real estate companies, investment banks and real estate advisory firms. Now they have created an independent institutional investment management firm with a focus on real asset investments in the Nordics and Germany. “We already are negotiating some mandates.”

Northern Horizon Still Hot for the Care Home Market

Finland Finland — Northern Horizon made a huge sale by divesting its second care home fund to a fund managed by Evli for EUR 141M. The company's CEO tells Nordic Property News of Northern Horizon's views on the home care market and their future plans for it.

Northern Horizon Acquires Further Care Assets

Nordic — Northern Horizon’s third specialist institutional healthcare real estate fund, the Nordic Aged Care Fund, has during Q4 2017 signed undertakings to acquire, via separate transactions, a total of nine care homes in Sweden and Finland.

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.

Finnish Fund will Invest Across the Nordics

Nordic — Northern Horizon’s new real estate fund, Nordic Aged Care, which will expand the group’s participation in elderly care homes across the Nordic region, raises € 121 M at first close based on cornerstone investments from among others Aviva Investors Global Indirect Real Estate.

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.