Nrep, has, through its NSF V fund, entered into a strategic partnership with Swedish care home developer Sehlhall Fastigheter.
The initiative will meet the need for a major boost to Sweden’s social infrastructure provisions, focusing on the development of modern care and nursing home facilities.
As Sweden’s elderly population grows rapidly, the demand for new care home units is estimated at approximately 3,000 per year — equivalent to around 50 new facilities annually. In addition, there is a significant need to modernize the existing property stock. Addressing this challenge requires new solutions; greater resources; and players with the right experience, capabilities and long-term approach — both in strategy and in capital.
Nrep’s investment marks a new phase for Sehlhall, transitioning from a development-focused company to a long-term owner. With a significant capital injection, Sehlhall will now be able to scale its operations and build a portfolio
