Nordic infrastructure investor Infranode has added a newly built school facility in Sweden to its social infrastructure portfolio.
Infranode has acquired the asset in S枚dra 脛ngg氓rden in Gothenburg from Platzer for an unspecified amount.
The 10,000sqm school facility, fully leased for 20 years, currently serves approximately 700 primary students.
Building management will be handled in collaboration with facility and maintenance providers, Infranode added.
Joel L枚froth, the head of investments in Sweden at Infranode, said: 鈥淭he investment in S枚dra 脛ngg氓rden holds great potential, and we are excited to support the area鈥檚 development. Well-functioning school facilities play a vital role in society, and we are proud to help create stable conditions for education.
鈥淲ith this acquisition, we strengthen our position as a long-term owner of social infrastructure in the Nordics and look forward to further investments in the sector.鈥�
Marie Teike, the head of development at Platzer, said: 鈥淚 am proud of Platzer鈥檚 contribution in transforming S枚dra 脛ngg氓rden. As part of our ambition to create a vibrant neighbourhood, the state-of-the-art school we built is an important piece of the puzzle.
鈥淚 am also pleased that we have found a long-term owner for the school in Infranode, who will continue to manage and develop the property.鈥�
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