Northern Horizon has expanded its Finnish healthcare real estate portfolio with the acquisition of two modern care properties from the Special Investment Fund eQ Community Properties. This marks the first investment for Northern Horizon’s newly launched evergreen vehicle, which currently manages close to €700 million in assets.
The transaction includes two assets located in Espoo and Lahti, with a total lettable area of approximately 3,500 m². The Espoo property, completed in 2018, is situated in the Helsinki capital region, while the Lahti property, finalized in 2023, is located in one of Finland’s key regional growth centers.
Both assets are fully leased to Attendo, the leading Nordic care provider, under inflation-indexed leases with an average remaining term of 13.5 years. The properties meet the high sustainability standards required by Northern Horizon’s healthcare fund.
JLL acted as the sell-side advisor in the transaction.