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