Hemsö acquires nursing home in Germany

Hemsö has acquired a nursing home in Steinfurt in North Rhine-Westphalia, Germany. The investment amount is EUR 11.9 million.

Hemsö has acquired a nursing home in Greven in the district of Steinfurt in North Rhine-Westphalia in Germany. The nursing home was built in 2007, has 80 single rooms and a total area of 4,150 sqm. The property has been leased to CMS Senioren-Residenzen (Alloheim Group) under a long-term contract.

“In addition to acquisitions of educational properties such as schools and teaching centres, the acquisition of nursing homes is still our core business in Germany. The ambition is to continue broadening our ownership. The total number of elderly care properties in our nationwide portfolio is now 67. This means that the company has about 6,300 nursing-home beds and 460 apartments for assisted living in 11 states,” says Jens Nagel, Head of Region, Germany at Hemsö.

The market value of Hemsö’s total portfolio of 80 properties in Germany is over EUR 1.1 billion.

For more information, please contact:

Nils Styf, CEO                                                                          +46 8 501 170 01
Jens Nagel, Head of Region Germany                                    +49 30 261 075 08

Hemsö is Sweden’s leading private 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 69.6 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.

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