Hemfosa Acquires 14 Properties

Sweden Sweden Hemfosa has acquired a total of 14 community service properties, of which nine school properties, four LSS homes and one property that houses office premises and an HVB home, in Sweden.

2018-05-11

Share via e-mail

Jens Engwall. Image: Hemfosa
Jens Engwall.

The total property value amounts to EUR 37M and the properties are fully leased to tenants in the community services sector. These acquisitions further strengthen Hemfosa in its position in community service properties and as a partner to established players in the community services sector. 

The properties bought are nine school properties in Sollentuna, with a number of schools and preschools as tenants, four LSS (support and service for the disabled) homes from Emrahus in Helsingborg, Västerås and Örebro, as well as Omsorgens Hus in Kungsbacka – a property that houses office premises and an HBV (nursing and accommodation) home. 

The nine school properties in Sollentuna total 11,685 square meters. The seller is the Municipality of Sollentuna. The properties are fully leased to private preschools and schools with Inspira Förskolor och Skolor as the largest tenant, accounting for about half of the rental value. Hemfosa currently owns a number of properties in Sollentuna and therefore has established property management activities in the municipality.The average remaining contract length is 5.9 years. Possession was taken of seven of the nine properties on May 3, 2018. 

Hemfosa has acquired four LSS homes, of which two located in Helsingborg, one in Västerås and one in Örebro, totaling 2,397 square meters. The seller is Emrahus, which Hemfosa started a cooperation with in 2017 following the acquisition of two LSS homes in Gävle. The properties are fully leased to Attendo, Nytida AB and Team Olivia on 15-year leases. All of the properties are constructed as passive buildings, which leads to low operating expenses and a small environmental footprint. Possession was taken of one of the properties on March 22, 2018 and of a second property on May 4, 2018. Ownership of the two remaining properties will be transferred according to the timetable following completion, with occupancy scheduled for October 1, 2018 and January 3, 2019, respectively. 

Hemfosa has acquired Omsorgens Hus in Kungsbacka comprising a main building which houses office premises and a smaller building that houses an HVB home, a total of 5,150 square meters. The seller is a group of private individuals through companies. The property is fully leased to the Municipality of Kungsbacka. The average remaining contract length is 3.7 years. Ownership of the property will be transferred in July 2018. 

“We are both proud and pleased that these acquisitions will deepen cooperation with several established community players and we look forward to continuing to develop these long-term relationships. We can see a major need for investments and renovation as well as newly built premises, primarily school and healthcare properties, in our markets today. Hemfosa, with its specialist knowledge and experience in this field, has major opportunities to make a contribution as a long-term partner,” says Jens Engwall, CEO of Hemfosa. 




Maria Olsson Äärlaht
maria@nordicpropertynews.com




"It's Like Selling Air!"

Sweden Sweden Outraged attorney looks to take Swedish developers to court.


So Will the Real Estate Industry be Affected by Decling Construction

Sweden Sweden Construction has weakened in the beginning of 2018, according to Industrifakta's upcoming business cycle. Analyst Jens Linderoth tells Nordic Property News of the reasons for deceleration and what effects it could have on the real estate sector.

Barings Make EUR 100M Acquisition in Stockholm

Sweden Sweden Barings Real Estate acquires the office building Fleming 7 in Stockholm CBD from Menugs as part of its pan European core investment strategy on behalf of institutional investors for over EUR 100M.

Peab Signs Deal in Vårgårda

Sweden Sweden Peab has been commissioned to build a new school in central Vårgårda which will replace both Vårberg School and Kesberg School. The customer is Vårgårda Municipality and the contract is worth EUR 16M.

Chaos in Swedish Company – Board Fired and CEO Quits

Sweden Sweden A dealing falling through has created chaos in a Swedish real estate company.


Svenska Handelsfastigheter Makes Four Acquisitions

Sweden Sweden Svenska Handelsfastigheter acquires four properties with a aggregated lettable area of 10,900 sqm. The properties are located in Halmstad, Strängnäs and Bollnäs.

Peab in EUR 26M Project in Luleå

Sweden Sweden Peab has been commissioned to build an extension of the emergency room in Sunderby Hospital in Luleå. The customer is Region Norrbotten and the contract is worth EUR 26M.

Top Rental Income Growers

Sweden Sweden Anders Nissen and Pandox have increased their rental income most during the initial months of the year. But what does it look like among other listed Swedish companies? Nordic Property News has the complete list.

Slättö Divests for EUR 155M

Sweden Sweden Through its fourth fund, Slättö IV, Slättö has divested to properties for a total transaction price of EUR 155M. Buyers are Trenum, owned by Balder and AP3, and Lansa, owned by Länsförsäkringar.

NCC to Build Liseberg’s New Water Park and Hotel

Sweden Sweden In partnership with Liseberg, NCC will extend the largest amusement park in the Nordic region. The assignment includes a water park, a themed destination hotel and parking facilities in the city centre of Gothenburg. Liseberg, through the Liseberg Skår development company, has budgeted the assignment at approximately EUR 194M.