Sehlhall Fastigheter Partners with Nrep for New Joint Venture
Deal News | May 06, 2025 | Setterwalls
Sehlhall Fastigheter has formed a joint venture with Nrep, facilitated by Setterwalls, to expand its capabilities in developing and managing elderly care properties in Sweden. This partnership includes Nrep’s investment through the NSF V fund, making them a co-owner and strategic ally in Sehlhall. The collaboration is expected to enhance project execution speed and growth trajectory for Sehlhall, allowing them to scale their operations and build a significant portfolio. Nrep's expertise in social infrastructure property complements Sehlhall's market position. Their immediate goal is to develop 40 care properties over five years, aiming for a property value of 8 billion SEK. Additionally, Sehlhall’s board, which includes former Minister of Finance Anders Borg, will integrate members from Nrep to further support expansion.
Sectors
- Real Estate
- Healthcare
- Private Equity
Geography
- Sweden – The joint venture is focused on developing elderly care properties in Sweden.
Industry
- Real Estate – The article involves the real estate sector through the development and management of elderly care properties.
- Healthcare – Associated with elderly care properties, the healthcare sector is implicated due to the focus on care facilities.
- Private Equity – Nrep's involvement as a private equity firm investing through the NSF V fund highlights the role of the private equity sector.
Financials
- 8 billion SEK (800 million EUR) – Target underlying property value from developing 40 new elderly care properties.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sehlhall Fastigheter | Target company | Company | A leading developer and manager of elderly care properties in Sweden. |
| Nrep | Bidding company | Company | A private equity firm investing in Sehlhall Fastigheter to form a joint venture. |
| Setterwalls | Legal advisor | Company | Provided legal advisory services for the joint venture formation. |
| NSF V fund | Investment vehicle | Company | The fund through which Nrep is investing in Sehlhall Fastigheter. |
| Anders Borg | Board chairman | Person | Former Minister of Finance and current chairman of Sehlhall Fastigheter’s board. |