Setterwalls has advised Sehlhall Fastigheter in connection with Nrep’s investment to form a joint venture and become the market leader in care properties

Through the NSF V fund, Nrep becomes a co-owner and strategic partner in Sehlhall Fastigheter, with the intention of jointly building Sweden’s leading developer and manager of elderly care properties.

This investment marks a new phase for Sehlhall and enables accelerated project execution and growth. With a significant capital injection, Sehlhall now has the opportunity to scale up its operations and establish its own portfolio for management. Nrep’s experience in developing, owning, and managing social infrastructure properties complements Sehlhall’s drive and position as a leading player in the elderly care segment. The ambition is, as a first step, to develop at least 40 new care properties—primarily elderly care homes—over the next five years in growing municipalities with substantial needs, thereby reaching an underlying property value of approximately 8 billion SEK (800 million EUR).

To support the company’s continued expansion and long-term objectives, Sehlhall’s board, chaired by former Minister of Finance Anders Borg, will be strengthened with representatives from Nrep.