Hemfosa Fastigheter acquires community service properties in Sweden for MSEK 444 with the option of additional acquisitions for MSEK 320
Hemfosa has signed an agreement to acquire 13 school properties, primarily in the Stockholm region, at a value of MSEK 444, with the exclusive option to sign an agreement in September 2016 to acquire a further two school properties at a value of MSEK 320. Through the acquisition, Hemfosa strengthens its position as a leading community service properties player in its largest market, Sweden. Turako Skolfastigheter AB is the seller.Ten of the 13 properties are situated in Stockholm, two in Västerås and one in Lund. Nine of the properties are site leaseholds. Six of the properties are new