Real advised NREP Altura with the acquisition of social infrastructure buildings to a value of approximately SEK 770 million.
The portfolio, acquired from Besqab, consists of two care homes in Uppsala and Stockholm as well as a care home including a pre-school and residential apartments under construction in Uppsala. Through the acquisition, Altura continues to grow with high-quality properties focused on elder care in order for Altura to be a long-term and sable partner that can help solve challenges in elderly care. Thus, Altura is one of the biggest owner and manager of modern care properties in the country.
Altura’s total stock of properties focused on elder care will expand through the transaction and will, following the transaction, consist of 70 properties with a total property value of approximately SEK 14 billion.
Altura, which is a part of NREP, owns, manages and develop social infrastructure properties with a primary focus on care homes in the Nordic countries. The properties are adapted to the end users, as well as care operators, with the latest technique and sustainable materials to reduce the environmental impact without compromising the comfort. Altura is a long-term developer and shall be the natural partner of public, as well as private, care operators.
