Hemfosa Fastigheter acquires community service and office properties in Uppsala and Jönköping valued at MSEK 449
Hemfosa Fastigheter is acquiring three properties, one in Uppsala and two in Jönköping, upon which Skanska is constructing a care home and office and production premises, respectively, for a total underlying property amount of MSEK 449. With this acquisition, Hemfosa supplements its property portfolio in the community services and office segments with modern properties with long-term leases.
The acquisition in Uppsala includes a property in the Kungsängen area, where a 5,600-sqm care home for dementia patients will be constructed for the tenant, Vardaga AB, which has signed a 15-year lease. Possession will be taken after final inspection of the property and the tenant has moved in, which is scheduled for March 2016.
Hemfosa is also acquiring two properties in Huskvarna in the municipality of Jönköping, where Skanska is constructing a production building and office and production premises totaling approximately 11,600 sqm for SAAB AB, which has signed a 20-year lease. Possession will be taken after final inspection of the properties and the tenant has moved in, which is scheduled for May 2015 and July 2016, respectively.
“We are continuously scanning the market for transactions that match Hemfosa’s strategy with a focus on properties generating stable cash flows, specifically in the community services segment. This could also include acquiring new production projects as now in Uppsala and Jönköping. With these acquisitions, Hemfosa supplements its property portfolio with modern properties in expanding municipalities,” says Jens Engwall, CEO of Hemfosa.
The purchase consideration will be paid in connection with taking possession of the properties.
For further information, please contact:
Jens Engwall, CEO, email@example.com, mobile phone +46 70-690 6550, switchboard +46 8-448 04 80
This constitutes information that Hemfosa Fastigheter AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was issued for publication on December 1, 2014 at 7.30 (CET).