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  • Hemfosa acquires community service properties valued at SEK 420 million and divests transaction, office and logistic properties worth SEK 140 million

Hemfosa acquires community service properties valued at SEK 420 million and divests transaction, office and logistic properties worth SEK 140 million

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Hemfosa is acquiring 13 properties in its prioritized community service segment for a total underlying property value of SEK 420 million. The majority of the properties are located in western Sweden, with Uddevalla municipality and the Västra Götalandsregion as the largest tenants, and contain such operations as healthcare, schools and residential care facilities for the elderly. The remaining acquired community service properties are located in Nynäshamn, Skövde and Österåker.

At the same time, properties from the offices, logistics and transaction segments with an underlying value of approximately SEK 140 million are being divested. The properties are located  in the districts of Uppsala, Gävle, Umeå and Eksjö.

“This makes good business sense for Hemfosa. While continuing to expand with excellent properties in our principal community service properties segment, we are streamlining our portfolio by exiting from properties in the other property categories,” says Jens Engwall, CEO of Hemfosa.

For further information, please contact:

Lars Thagesson, COO, lars.thagesson@hemfosa.se, mobile phone +46 70 592 70; office +46 8 448 04 80

Stina Lindh Hök, Transaction Manager, stina.lindh.hok@hemfosa.se, mobile +46 70 577 18 85

About Hemfosa Fastigheter

Hemfosa is a Swedish real estate company with a well-balanced and geographically diversified property portfolio focusing on community service properties with the state and municipalities as the largest tenants. This provides stable cash flows and a healthy yield. Hemfosa also aims to create value through active participation in the transaction market. At September 30, 2014, Hemfosa owned commercial properties in Sweden with a total property value of approximately SEK 20.5 billion, including the company’s share of the property value of joint ventures. The company’s share has been listed on Nasdaq Stockholm Mid Cap since March 21, 2014. Read more at www.hemfosa.se.

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