Northern Horizon
Newsec acts as Northern Horizon Capital’s property valuer and market data provider in Finland, Sweden and Denmark. Over the years, the cooperation between Newsec and NH has developed into an ongoing and close partnership.
16. SYYSKUUTA 2024
▪ 1 Lukuaika
Location
Finland
Client
Northern Horizon
Status
ongoing
Newsec has prepared annual valuations of NH’s third fund, Nordic Aged Care Fund III, in Finland and Sweden during the years 2020–2024. In total, 63 assisted living units are being valued, of which around 40 are located across Finland.
Since 2023, Newsec has also acted as the valuer for Aged Care Fund IV. The service housing properties owned by the fund are located in Finland, Sweden and Denmark. In Finland, there are just over 20 properties to be valued, mainly concentrated in Southern Finland and growth centres.
Newsec has extensive market data on assisted living units in the Nordic countries, which helps NH in its decision-making. Our annual valuation volume for social infrastructure properties in Finland is around 5 billion euros. Through systematic monitoring of the tenant and investment markets, we are able to provide high-quality market data as well as property valuations that take current market conditions into account.
“Dialogue and cooperation with Newsec’s valuation team has proven to be particularly important in the recently changing market environment. We have been very satisfied with the expert and seamless service,” says Saku Petain, Investment Analyst, Northern Horizon Capital.
More information about our Property Valuation and Analysis services