Sveafastigheter Fund III AB (“Sveafastigheter”) and Residenset form a joint venture in the assisted living segment governed by the Act Concerning Support and Service for Persons with Certain Functional Impairment (LSS) and the Social Service Act (SoL). The objective is to become a leading nationwide property owner in the segment. The joint venture is established through Sveafastigheter’s acquisition of a majority stake in Högkullen with Residenset as partner and asset manager.
Property ownership in the assisted living segment is fragmented with a large number of municipal and private property owners. Högkullen is, with close to 50 properties in 26 municipalities, one of the largest property owners in the assisted living segment. Approximately 90 per cent of the assets are leased to public tenants. The strategy is to grow the portfolio through additional acquisitions whereby gains in operational efficiency, quality and customer value are expected.

- Our ambition with Högkullen is...