Northern Horizon contributing towards a RICS information paper

For the past year Northern Horizon’s Fund Manager Jussi Palmu, MRICS, has been part of a taskforce working on a RICS information paper “Real estate fund, asset and property management: investment services”.

Announcement
28 Jan 2016

The information paper aims to provide clarification to RICS members on investment services and sums up today’s best practice as perceived by the publication’s working group composed of selected RICS members.

RICS is a professional body that accredits professionals within the land, property and construction sectors worldwide. RICS regulates and promotes the profession; maintains the highest educational and professional standards; protects clients and consumers via a strict code of ethics; and provides impartial advice and guidance. Several Northern Horizon staff members are qualified RICS professionals that are recognised by the designation MRICS (professional member) or FRICS (fellow member).

To download the information paper, please go to rics.org.

More news about Northern Horizon

Thought leadership

Senior Living & Care in the Nordics: SHHA In-Depth webinar

The Nordics is at the forefront of integrating social infrastructure including healthcare into its welfare systems. However, with a rapidly ageing population and a projected need for 75,000 new care beds by 2030, privatisation of social infrastructure is opening up opportunities for local and international investors.

22 Oct 2024

Announcement

#2 position for Northern Horizon managed Aged Care IV Fund in GRESB benchmark

Northern Horizon is very pleased to share that Age Care IV Fund is showing positive momentum in the 2024 GRESB assessment, retaining its 4 stars and improving its position in the peer-group.

14 Oct 2024

Announcement

Northern Horizon managed Aged Care Social Infrastructure Fund achieved top rating from GRESB

Northern Horizon is proud to announce that the Northern Horizon managed Nordic Aged Care Fund - now Northern Horizon Aged Care Social Infrastructure SCSp SICAV-RAIF after successful conversion in April 2024 - has received a 5-stars rating for the second time in a row.

14 Oct 2024

Event

Securing the future of elderly care in Denmark: Embracing citizen needs, workforce capacity, and new solutions

The Danish aged care sector is facing the challenge of a rapidly aging population. At the same time, citizen expectations to receive dignified elderly care focused on individual needs and desires are increasing. Additionally, there is an expected shortage of around 15,000 professional caregivers by 2035.

09 Oct 2024

Event

Topping-out ceremony celebrates milestone for new care home in Hørsholm

In January 2024, Northern Horizon entered into an agreement with the developer Scandinavian Property Development to purchase a new care home under construction in Hørsholm, Denmark. The project marks the final investment in a series of 47 care home buildings that Northern Horizon has invested in through its fourth healthcare fund. A topping-out event was held in June to celebrate the progress in the building’ construction.

25 Jun 2024

Press release

Northern Horizon launches evergreen social infrastructure fund after successful conversion of its third fund

Northern Horizon, specialized healthcare asset manager, today announced that the firm has successfully completed the conversion of its third healthcare fund into an open-ended fund. With the launch of the evergreen fund, Northern Horizon Aged Care Social Infrastructure SCSp SICAV-RAIF, Northern Horizon increases its long-standing commitment to address the shortage of modern care homes in the Nordics.

19 Apr 2024

Press release

Northern Horizon's fourth aged care fund fully invested - EUR 648 million directed towards top-tier care properties across the Nordics

Northern Horizon, specialized healthcare real estate investor, is pleased to announce the successful deployment of the investment capacity of EUR 648 million for its fourth Nordic healthcare fund, ACIV. As of March 2024, the fund owns 44 assets and has committed to 3 assets under construction, bringing the portfolio to 47 assets in total.

04 Mar 2024

Event

New care home and daycare facility in Kolding reach milestone in the construction journey

On 22 February 2024, the ongoing construction of the new care home and daycare facility in Kolding, Denmark was celebrated at an open event with speeches by the mayor and the future care operators. Once completed, the care home will offer 80 modern care apartments and the private daycare facility will accommodate 89 children.

23 Feb 2024

Press release

Northern Horizon acquires attractively located care home project in Hørsholm, Denmark, from SPD

Northern Horizon, specialized healthcare real estate investor, has signed a deal with Danish developer Scandinavian Property Development to purchase a care home under construction in Hørsholm, Denmark. Once completed in the summer of 2025, the care home is expected to achieve DGNB Gold certification. Attendo A/S will operate the care home.

12 Jan 2024

Press release

Northern Horizon acquires attractive portfolio of 15 prime healthcare properties in Finland

Northern Horizon, specialized healthcare real estate investor, has acquired a portfolio of 15 healthcare properties for approx. EUR 75 million for its fourth healthcare fund, Aged Care IV. The portfolio was acquired from eQ, the largest private social infrastructure owner and developer in Finland. The portfolio is regarded as one of the highest quality care home portfolios ever sold in Finland.

01 Dec 2023