Humana sells parts of its property portfolio in Sweden
Humana has entered into an agreement with Hemfosa Fastigheter regarding the sale of 16 properties in Sweden. The purchase price for the portfolio, which will be through a sale-and-leaseback transaction, amounts to SEK 135 million.
In order to further focus on providing high quality care services and to enable future investments and further development of existing operations, Humana has entered into an agreement to sell part of its property portfolio in Sweden to Hemfosa Fastigheter. The sale, which consists of 16 properties in ten locations in Sweden, entails Humana selling the properties and then concluding an agreement with Hemfosa Fastigheter to rent the properties. The average contractual length of the rental period for the properties is 13.6 years and the additional annual rental cost amounts to just over SEK 9 million. The purchase price is SEK 135 million. The properties were transferred at the end of June 2017.
“We are very pleased to be able to conclude yet another sale-and-leaseback agreement with Hemfosa Fastigheter. The deal will strengthen our balance sheet while leaving us free to focus on our care operations,” says Ulf Bonnevier, CFO at Humana AB.
For more information, please contact Humana:
Ulf Bonnevier, CFO, +46 (0)70-164 73 17, firstname.lastname@example.org
Cecilia Lannebo, Head of Investor Relations, +46 (0)72-220 82 77, email@example.com
Humana is a leading Nordic care company providing services within individual and family care, personal assistance, elderly care and special service housing in accordance with LSS. Humana has some 16,000 employees in Sweden, Norway and Finland providing care for over 9,000 individuals and working to achieve the vision “Everyone is entitled to a good life”. In 2016, Humana’s operating revenue was SEK 6,362 M. Humana is listed on Nasdaq Stockholm since 2016 and company’s headquarters are located in Stockholm. Read more about Humana on: www.humana.se or http://corporate.humana.se