Hemsö acquires adult education centre in Dortmund in Germany

Hemsö has acquired an adult education centre in Dortmund at a value of SEK 100 million. The lettable area amounts to approximately 5,500 sqm and the tenant is the City of Dortmund.

The property is used for adult education and is located in central Dortmund, close to services and public transport. The premises are modern and are used for both daytime and evening courses.

Education is a prioritised segment for the Hemsö Group. With the adult education centre in Dortmund, the German portfolio, which previously comprised nursing homes and senior apartments exclusively, gains its second addition focused on education and research.

“We plan to grow in Germany, both in care facilities and education, and to increase the proportion of public-sector tenants. Regarding the education segment, we have the advantage of being able to draw on our experience and knowledge of the Swedish and Finnish markets, in which we own about 100 educational properties,” says Jens Nagel, Hemsö’s Head of Region Germany.

Hemsö owns, and has signed agreements for, properties and projects valued at approximately EUR 575 million in Germany.

For more information, please contact:

Nils Styf, CEO                                                                           +46 8 501 170 01
Jens Nagel, Head of Region Germany                                     +49 30 887 062 053

Hemsö is Sweden’s leading private owner of properties for community services. The business is based on owning, managing and developing properties for nursing homes, education, health care and premises for the judicial system. Hemsö has properties in Sweden, Germany and Finland. The hallmarks of Hemsö’s business are long-term leases and stable tenants. The Third Swedish National Pension Fund is the majority owner. The total value of Hemsö’s property portfolio is SEK 36.0 billion. Hemsö’s credit rating from Standard & Poor’s has been A- since March 2015. More information can be found at: www.hemso.se

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