Hemsö acquires two nursing homes in Germany

Hemsö is continuing to grow in Germany and is acquiring two nursing homes in the state of Bavaria. The investment amount is EUR 26 million.

The acquisitions comprise two nursing homes located in the historical cities of Waldkraiburg and Mühldorf just east of Munich in Bavaria. 20-year rental agreements have been signed with care provider Charleston for the two homes.

“We are continuing to expand our portfolio of nursing homes in the state of Bavaria, which we are very happy about. We now own more than 70 nursing homes in total in Germany, including ten homes in Bavaria with about 900 beds,” says Jens Nagel, Head of Region, Germany at Hemsö.

The nursing home in Waldkraiburg has 87 beds and the home in Mühldorf has 124.

Hemsö’s total German portfolio of 84 properties in nursing homes, education and the justice system comprises approximately 450,000 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 73.5 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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