Hemsö’s shareholders make an equity injection of SEK 2.0 billion

Hemsö’s shareholders have decided to make an equity injection of SEK 2.0 billion to support the company's continued development while maintaining a strong financial position. The capital will be used for investments in new social infrastructure and will be injected continuously as the capital need arises.

“The capital injection strengthens the capital structure while enabling us to make further investments in close partnership with the public sector. We are experiencing strong tenant demand, primarily in schools, nursing homes and judicial properties in all Hemsö's markets. Since 2019, Hemsö has completed 2 300 new nursing home beds and 25 700 new school places. Hemsö has continuously had the capacity to capture attractive investment opportunities, regardless of market conditions, thanks to the company's stable cash flow. At the same time, we have the support from our owners who since 2019 have injected new equity, including this equity injection, of SEK 7 billion”, says Nils Styf, CEO at Hemsö.

Since October 2024, Hemsö has entered into several lease agreements for both redevelopment and new development projects. It includes a 25-year lease agreement with the City of Cologne for a new municipal school for 1,000 students in a new joint venture, and a 20-year lease agreement with the German Red Cross for a new 116-bed nursing home in Essen. Hemsö is in discussions regarding several additional investments in Sweden, Finland, and Germany, which are expected to be announced in 2025.

For more information, please contact:

Nils Styf, CEO                                                                                 +46 (8)-501 170 00

This information is information that Hemsö Fastighets AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07:30 CET on 17 December 2024.

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 85.6 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.