eQ Community Properties Fund has sold two healthcare properties to a fund managed by Northern Horizon.
News release
08 May 2025
JLL advised eQ on the sale of two healthcare properties to a fund managed by Northern Horizon
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The assets are located in Espoo and Lahti and are both leased to Attendo, the market leading care services provider in the Nordics.
Marjaana Berger, Investment Director, eQ Community Properties Fund: “The real estate transaction market is showing signs of recovery, and this deal demonstrates the attractiveness of the social infrastructure property segment. eQ Community Properties continues to focus on properties with public sector tenants and selected geographical locations.”
Jussi Rouhento, Fund Manager, Northern Horizon: ‘We are very satisfied with this deal, which aligns perfectly with our investment strategy. We have a significant pipeline, and we continue to look for opportunities.”
Antti Pelli, Senior Director, Capital Markets, JLL Finland: “We are extremely happy to continue our successful cooperation with eQ in this transaction. Healthcare properties as an asset class are performing well and continue to demonstrate robust liquidity. With this transaction, we continue to demonstrate why JLL is the market leading advisor in healthcare and public properties. We want to thank eQ and Northern Horizon for a smooth process.”
JLL acted as commercial advisor to eQ in the transaction. Castren Snellman acted as legal advisor to eQ.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
eQ Community Properties Fund
The Special Investment Fund eQ Community Properties was established in 2012 and has developed and grown strongly - the value of the assets managed by the Fund amounted to 1.7 billion euros at the end of March 2025. The fund is the largest private social infrastructure owner and developer in Finland. The properties are located in the capital region and in selected growth centers.
About Northern Horizon
Northern Horizon is an independent real estate investment manager that aims to deliver long-term value to investors, communities, and society through healthcare and other specialized real estate investment strategies. With a track record of 160+ investments into care and senior housing assets since 2007, Northern Horizon has established itself as a leader in social infrastructure in the Nordics. Northern Horizon launched its fifth healthcare fund, Aged Care Social Infrastructure Fund, in 2024. The fund aims to invest in modern aged care homes and other social infra properties in Sweden, Finland, Norway, and Denmark.