Nordstern has won the turnkey contract for a care center in Nørrestrand
Albo and Horsens Municipality have chosen the company to build 150 care homes for approx. DKK 350 million. The construction is expected to be completed in April 2029.
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Danish property developer and total contractor
nordstern.dkLast updated
In short: Nordstern appointed Morten Chrone as CEO, reported mixed 2025 financials, and completed major projects like Postbyen and Elmeholmen.
Albo and Horsens Municipality have chosen the company to build 150 care homes for approx. DKK 350 million. The construction is expected to be completed in April 2029.
Revenue increased 7% to DKK 4.72 billion, while EBITDA fell to DKK 42 million.
The project with 10 billion kr. from Odense Municipality, AP Properties and others involves urban development, sustainability and new jobs. Nordstern is the main contractor.
They took over the project after bankruptcy and deliver a free care home with 75 residences, a senior community with 30 apartments, and 32 senior residences.
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