Hemsö acquires hospital in Finland

Hemsö has acquired the Kymenlaakso Psychiatric Hospital in Kouvola, Finland, from Kymsote (joint municipal authority for Kymenlaakso social and health services). Kymsote will continue to run the hospital and has signed a 20-year lease agreement. The investment amount is EUR 13.7 million.

The hospital has an area of 8,800 sqm and was completed in 2006. It has five adult wards, one children’s outpatient clinic, one children and young people’s ward and one unit for functional rehabilitation.

“We’ve been interested in the Kouvola area, where the hospital is located, for a long time. Our investments have a long-term horizon. Long-term rental agreements and active dialogue with our tenants are the cornerstones of our operations,” says Jarkko Leinonen, Head of Region, Finland at Hemsö.

Hemsö already owns about 185,000 sqm of hospital and health care properties in Finland, including hospitals in Turku and Oulu.

For more information, please contact:

Jarkko Leinonen, Head of Region, Finland, Hemsö                            +358 400 150 841
Åsa Thoft, Head of Communications                                                   +46 8 5011 70 57

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 84.7 billion. Hemsö’s credit rating from Standard & Poor’s has been A- since March 2015 while it has an A+ rating from Fitch Ratings since March 2021. More information can be found at: www.hemso.se.