Hemsö acquires nursing home in Germany

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Hemsö is expanding its portfolio and acquiring a nursing home in Brandenburg an der Havel in Germany. The investment amount is EUR 19.8 million.

The nursing home is located west of Berlin in the state of Brandenburg. The home has 124 beds, comprising 58 single rooms and 33 double rooms. There are also ten assisted-living apartments, 12 intensive care rooms and one physiotherapy unit.

“We have broadened our acquisition strategy in recent years to include educational institutions such as schools and sports centres, but our core business in Germany is still health care and elderly care properties. We now have a total of 72 properties in the elderly care segment,” says Jens Nagel, Head of Region, Germany at Hemsö.

The building is over 140 years old and is a heritage listed property. The careful refurbishment has created a modern and well-functioning care home. Sustainable building elements such as natural stone floors and internal insulation with wood fibre boards give the home a modern look.

The rental duration is 17 years and the tenant is RENAFAN.

Hemsö’s total German portfolio of 85 properties in nursing homes, education and the justice system comprises approximately 460,000 sqm.

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 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 75.7 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.