Kinland As
Kinland AS is a Norwegian social infrastructure company that owns 422 long-term leased preschool, elderly care, assisted living, and child protection properties across the Nordics and selected European markets, serving more than 30,000 end users under triple-net lease agreements with municipalities and care operators.
- Company typePrivate
- Founded2011
- HeadquartersOslo, Norway
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Kinland As does
Kinland AS is a Norwegian privately owned social infrastructure company that acquires, owns, and leases properties used for essential care and education services across the Nordics and selected European markets. Founded in 2011 in Oslo, the company built its portfolio through a series of vehicles (Kinland I–VI), reaching 422 properties that provide a safe environment for more than 30,000 end users in preschools, elderly care facilities, assisted living (LSS) units, and child protection institutions. The portfolio is concentrated in Norway, Sweden, and Finland, with additional exposure in Poland and the Netherlands, and Finland has emerged as the most important growth market, supported by a regional office established in Helsinki in 2023.
Kinland's core product is its property portfolio itself; the company does not develop technology products but rather operates as a single-line real estate lessor with purpose-built assets leased to care service operators. Underlying economics are anchored in long-term triple-net lease agreements typically spanning 15–25 years with inflation-linked rent escalators, producing a weighted average remaining lease term (WAULT) of approximately 10 years. Tenants and lease guarantors include municipalities (which back over 90% of leases in some portfolios) and private operators such as Norlandia Preschools, Espira, Frösunda, Pilke, and others.
The business model is institutional B2B real estate: equity is deployed on a deal-by-deal basis to acquire properties sourced from Nordic care providers, real estate funds, and other owners, with PATRIZIA Infrastructure acting as asset manager and the underlying capital supplied by a consortium of institutional investors that acquired 90% of the company from Pioneer Property Group ASA in October 2019. Since that transaction, Kinland has executed 33 bolt-on acquisitions, growing assets by approximately 150%, including a €170 million deal in January 2026 that added 49 preschool and care units. The go-to-market is therefore acquisition-driven rather than sales-driven, with revenue derived from recurring long-dated rental income and growth concentrated in new geographies (notably Finland) and new care verticals.
Kinland As firmographics
Firmographics- Name
- Kinland As
- Legal name
- Kinland AS
- Website
- https://kinland.no
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Kinland AS is a Norwegian social infrastructure company that owns 422 long-term leased preschool, elderly care, assisted living, and child protection properties across the Nordics and selected European markets, serving more than 30,000 end users under triple-net lease agreements with municipalities and care operators.
- Ownership category
- akta.pro rank
Kinland As industry classification
Industry- Product category
- Social Infrastructure Real Estate
- NAICS
- Lessors of Real Estate (5311), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate Investment Trusts (6798)
- akta.pro primary industry
- Housing & Placement Coordination (Assisted Living, Memory Care, SNF) (HSABAIAL)
- akta.pro secondary industry
- Rental / Fee-for-Service CCRCs (HLADAEAB)
Keywords
Where Kinland As is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices2 records
Markets served
Kinland As business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Others
Revenue model
- Property Rental Income: Kinland generates revenue through long-term leasing of social infrastructure properties to care service operators. Lease agreements are typically 15-25 years with inflation-linked rent increases, providing stable and recurring rental income. Properties include preschools, elderly care facilities, and assisted living units across the Nordics and selected European markets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Long-term lease agreements with care service operators |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Kinland As product offering
Product offeringCore offering
Kinland AS owns and leases a portfolio of 422 social infrastructure properties — preschools, elderly care facilities, assisted living units, and child protection institutions — across the Nordics (Norway, Sweden, Finland) and selected European markets (Poland, Netherlands). Properties are leased to care service operators and municipalities on long-term triple-net agreements of 15–25 years with inflation-linked rent adjustments, providing housing for more than 30,000 end-users of care services.
Product overview
Kinland is a pure-play social infrastructure company operating a unified property portfolio of 422 properties across the Nordics (Norway, Sweden, Finland) and selected European markets (Poland, Netherlands). The portfolio comprises preschool properties, elderly care facilities, assisted living (LSS) properties, and child protection units—all leased to care service operators on long-term inflation-linked triple-net lease agreements with typical terms of 15-25 years. The company serves approximately 30,000 end-users and maintains a weighted average remaining lease term of approximately 10 years. Kinland operates as a single product line (social infrastructure properties) with geographic expansion as the primary growth mechanism.
Differentiator
Problem solved
Functional benefit
Products and services
- Social Infrastructure Properties Portfolio Portfolio of 422 social infrastructure properties — including preschools, elderly care facilities, assisted living units, and child protection properties — leased to care service operators on long-term triple-net agreements (typically 15–25 years) with inflation-linked rent adjustments across Norway, Sweden, Finland, Poland, and the Netherlands. Provides housing for more than 30,000 end-users of care services.
Quantifiable outcome
- 422 properties providing care for 30,000+ users
- +2 more outcomes
Companies that use Kinland As
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Kinland As technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Kinland As partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor.
- United Bankers' UB Finnish PropertiesminorKinland acquired three social infrastructure properties in Finland from United Bankers' UB Finnish Properties AIF. Transaction valued at approximately EUR 11.9 million.
- DeloitteminorDeloitte provided legal, financial, and tax advisory services for Kinland's acquisition of four social infrastructure properties in Sweden, Norway, and Finland.
- Svenska Samhellsfastigheter ABminorKinland acquired eleven Swedish preschool properties from Svenska Samhellsfastigheter AB. Properties located primarily in Greater Stockholm area.
- Special Mutual Fund Titanium Care Real EstateminorKinland acquired 13 preschool properties in Finland from Special Mutual Fund Titanium Care Real Estate.
- eQ Community Properties FundminorKinland acquired seven social infrastructure properties in Finland from eQ Community Properties Fund. Portfolio comprises three preschool facilities and four child protection units.
- Impande FoundationminorImpande Foundation runs development programs for children in South Africa. Kinland funded two preschool infrastructure projects (Ithembatlethu and Sisonke) in partnership with Norlandia Preschools. Projects aligned with Kinland's mission of providing safe environments for care users.
- WSPminorWSP served as technical advisor in the acquisition of four social infrastructure properties, providing technical due diligence and assessment services.
- NewsecminorNewsec acted as deal advisor in Kinland's acquisition of eleven Swedish preschool properties from Svenska Samhellsfastigheter AB.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
Kinland As competitors and assessment
Company assessmentOthers
- Patrizia SE: Parent/asset manager of Kinland through PATRIZIA Infrastructure. While not a peer in the traditional sense, PATRIZIA itself is a major European real estate investment manager with significant Nordic and European infrastructure exposure, providing the institutional capital backbone for Kinland's growth.
Direct peers
- Target Healthcare REIT: UK-listed REIT focused on purpose-built care homes leased to operators on long-term inflation-linked contracts. Closely comparable business model to Kinland's elderly care and assisted living segment, with similar operator-counterparty structure and government/regulatory tailwinds.
- Samhällsbyggnadsbolaget i Norden AB (SBB): SBB is the largest Nordic social infrastructure property company, directly owning and managing community service properties (schools, elderly care, public buildings) in Sweden and the Nordics. It is the closest direct competitor to Kinland with similar tenant profile (municipalities and public-sector operators), triple-net lease structures, and geographic footprint.
- Care REIT plc (formerly Impact Healthcare REIT): UK-listed REIT investing in healthcare real estate, primarily care homes leased to established operators on long-term triple-net agreements. Highly comparable to Kinland's rental model for elderly care assets with similar tenant credit and inflation-protection characteristics.
- Hemfosa Fastigheter (now part of SBB): Hemfosa was a Swedish community properties company focused on public-sector leased assets (schools, courts, healthcare facilities) before being acquired by SBB. Highly comparable to Kinland in terms of long-term public-sector leases, Nordic footprint, and social infrastructure exposure.
Broad incumbents
- Akelius Residential Property: European residential real estate company with significant holdings in Sweden and other Nordic cities. While primarily residential rather than social infrastructure, Akelius overlaps with Kinland on Nordic urban rental exposure and institutional investment model.
- Stena Fastigheter: Swedish residential and community properties company with a portfolio including rental housing and social infrastructure (schools, care homes). Comparable in Nordic geography and long-term rental exposure, though with broader residential focus rather than Kinland's pure social infrastructure model.
- Assura plc: UK-listed healthcare REIT with primary care properties (GP surgeries, health centres) leased predominantly to the NHS. Larger incumbent in healthcare/social infrastructure real estate with longer lease terms, government-backed cash flows, and similar inflation-linked rent escalators as Kinland's Nordic portfolio.
- Heimstaden Bostad: Major Nordic and European residential real estate owner with significant presence in Sweden, Denmark, Germany, and Poland. Broader incumbent than Kinland, but operates in adjacent residential/social infrastructure space across overlapping geographies with comparable institutional ownership structure.
Emerging players
- Realstar Group: Canadian-based real estate investor with European operations including senior living and student housing assets. Tangentially comparable as an institutional investor in social-infrastructure-adjacent asset classes with long-term lease structures similar to Kinland's model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Kinland As social profiles
Digital presenceKinland As compliance and trust
Trust signalCompliance1 record
Kinland As financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kinland As leadership team
Management profileNumber of profiles
Profiles10 records
Kinland As funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kinland As M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kinland As
What does Kinland As do?
Kinland AS owns and leases a portfolio of 422 social infrastructure properties — preschools, elderly care facilities, assisted living units, and child protection institutions — across the Nordics (Norway, Sweden, Finland) and selected European markets (Poland, Netherlands). Properties are leased to care service operators and municipalities on long-term triple-net agreements of 15–25 years with inflation-linked rent adjustments, providing housing for more than 30,000 end-users of care services.
Is Kinland As a public or private company?
Kinland As is a private company. It is classified as private equity controlled and is currently operating.
When was Kinland As founded?
Kinland As was founded in 2011. It employs 1 to 10 people.
Where is Kinland As based?
Kinland As is headquartered in Oslo, Norway, in the Europe region.
How does Kinland As make money?
One revenue line is on record: property Rental Income.
Who are Kinland As's main competitors?
Patrizia SE is listed as an others. Direct peers are Target Healthcare REIT, Samhällsbyggnadsbolaget i Norden AB (SBB), Care REIT plc (formerly Impact Healthcare REIT) and Hemfosa Fastigheter (now part of SBB). Broad incumbents are Akelius Residential Property, Stena Fastigheter, Assura plc and Heimstaden Bostad. Realstar Group is listed as an emerging player.
Does Kinland As have an API?
No public API is recorded for Kinland As.
What industry is Kinland As in?
Kinland As's product category is Social Infrastructure Real Estate. Its primary akta.pro industry code is HSABAIAL, Housing & Placement Coordination (Assisted Living, Memory Care, SNF), with a secondary code of HLADAEAB, Rental / Fee-for-Service CCRCs. Its NAICS code is 5311 and its SIC code is 6531.