Vinga Group congratulates Sehlhall on its new partnership with Nrep

The property developer Sehlhall is entering a strategic partnership with the Nordic real estate investor Nrep. The collaboration marks the beginning of a new growth phase for Sehlhall.

The new partnership means that Nrep, through its fund Nordic Strategies Fund V, will become a shareholder in Sehlhall Fastigheter. Over time, Nrep is expected to become the company's largest owner as new projects are carried out. The parties will build at least 40 new care properties over the next five years, primarily elderly care homes, with a total underlying property value of approximately SEK 8 billion.

Sehlhall's business area "land development," owned through Stadsbyggnadsbolaget i Sverige AB, will be maintained by the current shareholders.

– "We have always strived to be both a developer and an owner of social care properties, and with Nrep as a new co-owner, we gain a strong and strategic investment partner to carry out even more projects for long-term asset management," says Dan T. Sehlberg, CEO and co-founder of Sehlhall.

Vinga Group would like to congratulate Sehlhall Fastigheter on the strategic partnership with Nrep, an important and forward-looking step to strengthen Sweden's social infrastructure. Vinga Group has had the privilege of acting as Sehlhall's advisor in connection with the transaction process and extends a warm thank you for the trust shown.

– "It is inspiring to be part of a transaction that enables Sehlhall's new partnership with Nrep. The partnership provides an opportunity for significantly increased growth in the construction of social infrastructure in Sweden," says Emil Jangvik, Head of ECM at Vinga Corporate Finance.