Urban Partners’ real estate investment arm, Nrep, has, through its NSF V fund, entered into a strategic partnership with Swedish care home developer Sehlhall Fastigheter.
The new venture has an ambition to become Sweden’s leading later living developer and manager, with a significant identified pipeline.
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, designed with the well-being of residents, families and staff in mind.
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 str
