Krogerus advises Northern Horizon on EUR 28 million forward funding deals

Krogerus advises Northern Horizon, the leading specialized social infrastructure asset manager in the Nordics, on three forward funding deals. Northern Horizon continues its impact-driven efforts to deliver modern care facilities to the undersupplied Nordic markets. Over the past two months, three forward funding deals have been completed, representing a total transaction value of approximately EUR 28 million. All three deals have been completed for Aged Care Social Infrastructure Fund (ACSIF), Northern Horizon’s evergreen healthcare fund which is backed by a growing international institutional investor base. The assets are located in Jyväskylä, Pori and Kuopio, and comprise a total of 162 care beds.

The Krogerus team was led by Partner Pyry Somervuori together with Counsel Joonas Parkkinen, and they were assisted by Counsel Piia Sinisalo and Associates Lena Lehmuskoski and Pyry Nissinen.