Case story

Case story

A purpose-built, forward-looking social infrastructure asset designed to connect generations

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 />

Announcement

Northern Horizon raises a further EUR 220 million and invests EUR 120 million in first-class care homes across the Nordics

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.