Fitch upgrades Hemsö´s credit rating to AA- with stable outlook

The credit rating agency Fitch Ratings upgrades Hemsö’s long-term credit rating from A+ to AA- with stable outlook and confirms Hemsö’s short-term credit rating F1+.

The upgrade reflects Fitch Rating’s new rating criteria which give greater weight to the support from Hemsö’s majority owner the Third Swedish National Pension Fund.

For more information, please contact:

Rutger Källén, CFO and Deputy CEO                                         +46 (8)-501 170 35
 

Hemsö is Sweden’s leading owner of properties for public use. The business is based on sustainably owning, managing and developing properties for nursing home, education, health care and 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 (AP3) is the majority owner. The total value of Hemsö’s property portfolio is SEK 82.6 billion. Hemsö’s credit rating from Standard & Poor’s has been A- since March 2015 while it has an AA- rating from Fitch Ratings since March 2024. More information can be found at: www.hemso.se.