Hemfosa Acquires 14 Community Service 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. The total property value amounts to MSEK 390 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.

2018-06-04

Share via e-mail

Hemfosa has acquired 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 acquisitions have a total underlying property value of approximately MSEK 390 and annual rental income for the properties amounts to about MSEK 31. 

School properties in Sollentuna 

Hemfosa has acquired a property portfolio comprising nine school properties in Sollentuna totaling 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. 

LSS homes in Helsingborg, Västerås and Örebro 

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. 

Omsorgens Hus in Kungsbacka 

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. 




Axel Ohlsson
axel@nordicpropertynews.com




JLL Sweden's CEO Leaves the Company

Sweden Sweden JLL’s CEO in Sweden, Daniel Gorosch, leaves the company after eleven years. He tells Nordic Property News of the decision to leave ’his baby’ and what’s to come next.


Swedish Big-Spender on the Hunt for More

Sweden Sweden After making big investment in several Nordic countries over the last year. Ilija Batljan’s SBB adds a new major piece to the portfolio. With the latest acquisition in hand Batljan tells Nordic Property News of the new acquisitions on the horizon.

Pareto Divests XXL’s Logistics Centre to Aberdeen Standard Investments

Sweden Sweden Pilängen Logistik, a company established and managed by Pareto, has today divested XXL’s logistics centre located in Örebro, Sweden, to Aberdeen Standard Investments for around MSEK 400 (EUR 38.5M).

Alma Buys Industry Property

Sweden Sweden Alma Property Partners acquires a 23,000 sqm industry property in Ljungby close to the E4 highway.

Why Vectura Puts a Nordic Expansion on Hold

Sweden Sweden Vectura enters a new major life science project in Stockholm. CEO Susanne Ekblom tells Nordic Property News of the new venture, new possible life science investments and why a Nordic expansion is in the pipeline.


Stockholm Rental Levels

Sweden Sweden The Stockholm office market keeps being one of the hottest in all of Europe. But what does the rental levels in different parts of the city look like? Nordic Property News can present a list of the levels all over Stockholm.

Akelius Acquires 383 Apartments in Washington

Sweden Sweden Akelius makes new US purchase for EUR 148M.

SHH Buys Building-Rights in Stockholm

Sweden Sweden SHH Bostad acquires building-rights for approximately 160 homes in Tullinge, Stockholm, from Peab Bostad.

Here Is Apple's New Stockholm Flagship Store

Sweden Sweden Apple has acquired the property that today hosts the TGI Fridays restaurant. The tech giant is hoping to move one step closer to opening up their Stockholm flagship store – but questions surround the detailed development plan.

Fabege Sells to Pareto Company

Sweden Sweden Fabege has divested the Lagern 4 property in Solna for MSEK 268 (EUR 26M) to one of Pareto's newly formed companies.