Danish pension funds poised to invest in nursing homes

In the future, more private nursing homes will appear in Danish municipalities, backed by capital coming from pension companies seeing opportunities in demographic development.

Photo: Tycho Gregers/Ritzau Scanpix

On Oct. 27, a new nursing home with room for 40 people will open its doors in the western Danish town of Nørager.

Construction work at the facility has cost DKK 58m (EUR 7.8m) and was managed by the AP Pension subsidiary AP Ejendomme, which has entered into a lease agreement with Danish Deacon Homes, which will run daily operations in the nursing home.

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