Two elderly care assets and one assisted living asset, all of which recently built with 13 years WAULT on triple-net lease terms
Oslo, 28 May 2026
Kinland AS (“Kinland”) is pleased to announce that it has successfully completed the acquisition of three social infrastructure properties (the “Transaction”) from United Bankers’ UB Finnish Properties (AIF).
The Transaction comprises modern care assets located within Kinland’s established Nordic markets. All three properties (two elderly care and one assisted living) were built between 2021 and 2022 and feature high technical and environmental standards. The assets are fully leased to operators under triple-net lease agreements, with a WAULT of 13 years. The total property value of the Transaction is approximately EUR 11.9 million.
Kinland is a leading owner of essential social infrastructure assets across the Nordic region and continental Europe. Following the Transaction, Kinland has completed a total of 33 bolt-on acquisitions since its acquisition by a consortium of institutional investors in October 2019.
Since 2019, Kinland’s management team has strengthened the company’s position as a leading provider of government-backed social infrastructure in its core geographies. Following the Transaction, Kinland’s portfolio comprises 422 properties excluding two forward properties with estimated closing in H2 2026, representing approximately 150% growth in both number of assets and gross property value since inception.
“This acquisition of high‑quality social infrastructure properties underscores Kinland’s ambition to strengthen our role as a leading provider in Finland and across the Nordics. By adding assets with long WAULTs, leased to strong operators in demographically attractive areas, we further consolidate our position in the Nordic social infrastructure sector. Kinland continues to see significant opportunities for expansion and consolidation across all Nordic markets, and with this transaction we are pleased to grow our presence in Finland, one of our most important markets. Supported by a strong pipeline, a substantial addressable market and our ability to leverage expertise and financing capabilities, Kinland is well positioned to drive long‑term value creation while delivering critical infrastructure that supports local communities.” said Benjamin Thorsen, CEO of Kinland.
Deloitte has provided legal, financial, and tax advisory services, while WSP served as technical advisor in the Transaction.
Kinland
Kinland is a social infrastructure company providing high-quality properties for government-backed care services. The company owns 419 properties prior to the Transaction, providing a safe and quality environment needed for the care of approx. 30,000 people across the Nordic region and continental Europe.
Our properties have during recent years played an important role in developing the preschool and care sectors through improved capacity, quality, and cost-efficiency. We view social infrastructure properties as a cornerstone of the welfare systems in the countries in which we operate, promoting work participation, gender equality, equal opportunities, and integration. Through our long-term institutional and pension fund owners, we aim to be a solid and reliable partner to our tenants and the end-users of our properties.
For more information:
Benjamin Thorsen, CEO
Telephone: +47 480 16 142, e-mail: benjamin.thorsen@kinlandgroup.com
Teodor Coucheron-Gautier Teigen, CFO
Telephone: +47 924 09 742, e-mail: teodor.teigen@kinlandgroup.com
Andreas Wassdal, Chief Operating Officer
Telephone: +47 936 65 080, e-mail: andreas.wassdal@kinlandgroup.com
www.kinlandgroup.com