Hemfosa Acquires Large Portfolio in Halmstad

Sweden Sweden Hemfosa has signed an agreement to acquire a portfolio of ten properties located centrally in Halmstad for an underlying property value of EUR 109M.

2017-06-13

Share via e-mail

Stina Lindh Hök. Image: Hemfosa
Stina Lindh Hök.

Hemfosa will acquire ten properties from Fem Hjärtan Holding AB, totaling approximately 57,800 sqm, all of which are very centrally located in Halmstad. Most of the portfolio comprises office properties housing tenants in the community services sector, and 66 percent of the portfolio’s total rental income is generated from public-sector tenants. The three largest tenants are the Municipality of Halmstad, the Swedish Tax Agency and Halmstad County Administrative Board, which jointly represent 38 percent of rental income.
 
The total property value is EUR 109M. The average remaining lease is 2 years and the leasing rate is approximately 90 percent. Possession is scheduled for September 1, 2017.
 
“We are delighted that Hemfosa is now making another major portfolio acquisition containing a high number of community service properties in Sweden. These properties have prime locations in Halmstad, a town that is growing and evolving and it’s a location that we want to expand in. We see many opportunities for developing these properties by increasing leasing to more public-sector operations and the properties also comprise land areas that could be used for new build projects. All in all, it represents a perfect transaction for Hemfosa,” says Stina Lindh Hök, Head of Transactions at Hemfosa. 




Maria Olsson Äärlaht
maria@lokalnytt.se
fastighetssverige.se




Triuva Acquires Office Building in Stockholm

Sweden Sweden Pan-European institutional real estate investment manager Triuva has acquired a 6,700 sqm office building, Lammet 17, in central Stockholm from Slussgården, a subsidiary of SKL Fastigheter and Service AB.


NCC to Build 644 Apartments in Uppsala

Sweden Sweden NCC has been commissioned to construct an additional 644 apartments in central Uppsala for Magnolia Bostad. The construction assignment marks the second phase of the Senapsfabriken property block. The order value is approximately EUR 67M.

Skanska Builds Rental Apartments in Stockholm

Sweden Sweden Skanska has signed an agreement with Familjebostäder to build a block consisting of 178 rental apartments in Stockholm. The contract is worth about EUR 41M.

Akelius Sells for EUR 391M

Sweden Sweden Akelius has agreed to sell 61 properties in Helsingborg to Willhem and Folksamgruppen.

Heimstaden Acquires 1 601 Apartments in Umeå

Sweden Sweden Heimstaden has purchased 1 601 apartments from Bostaden in Umeå.


Intea Acquires for EUR 113M in Kalmar

Sweden Sweden Skanska has divested three buildings at Linnaeus University in Kalmar, Sweden, to Intea Fastigheter.

European Fund Makes Acquisition In Sweden

Sweden Sweden In a sale and purchase agreement with the European property fund Kildare Partners, Kungsleden is selling 18 industrial and warehouse properties in 13 municipalities at a total sales price of MSEK 882 (EUR 81M) before deduction for deferred tax.

Svenska Handelsfastigheter Purchases for Half a Billion from Standard Life

Sweden Sweden Svenska Handelsfastigheter acquires a portfolio of seven retail properties for a purchase price of EUR 54M, from Standard Life Investment European Property Growth Fund, EPGF.

Förvaltaren Sells for EUR 64M

Sweden Sweden Förvaltaren in Sundbyberg, Stockholm, has sold the property Terränglöparen 9 in Hallonbergen to the housing cooperative Terränglöparen 9 for a conversion to condominiums.

Skanska Invests EUR 44M in New Office Building in Malmö

Sweden Sweden Skanska invests about EUR 44M in the office project Epic in Malmö, Sweden. The office building will be six stories high with a total leasable area of around 17,000 square meters.