The property portfolio consists of three nursing homes, four educational properties and 28 properties for other uses. The majority of the properties are located in western and southern Sweden. The total lettable area is 174,400 sqm, the estimated rental income approximately EUR 15M and the average remaining lease period is about four years.
 
“Hemsö strives to achieve customer-centric and efficient property management to ensure that the needs of our tenants are catered for in the best possible manner. The properties we are now divesting form a mixed portfolio and may contain, for example, a higher share of offices, comprise smaller care and educational properties or be situated in areas where we have made the assessment that our local presence is not sufficiently strong to enable us to take a long-term approach. The divestment helps to concentrate our existing portfolio geographically and frees capacity for new acquisitions and investments in ongoing projects,” says Hemsö’s CEO Nils Styf.
 
The largest tenants are Västra Götaland County Council and Lund University. The buyer is Samhällsbyggnadsbolaget i Norden AB, a subsidiary of Effnetplattformen AB (publ). The divestments will take the form of company transfers with the effective date set at 10 April 2017.