Sveafastigheter divests Sweden’s largest Assisted Living portfolio
Sveafastigheter Fund III (”Sveafastigheter”) has divested the property portfolio Högkullen Assisted Living (“Högkullen”), which is the largest privately owned portfolio of assisted living facilities in Sweden. The buyers are Residenset AB in Gothenburg (“Residenset”) with a group of investors.The portfolio comprises 124 residential properties for assisted living usage (sw. LSS), primarily located in five regions across Sweden. Residenset has been part of the development of the properties, as asset manager and minority owner of the portfolio. The divestment was closed on 12 May with