Our history

From the very start, the company's focus has been to own and manage properties for public sector tenants, such as the state, municipalities or county councils, who are responsible for the operations conducted on those premises.

Milestones in Hemsö's history

Hemsö became an independent company, owned 50 per cent by the Third Swedish National Pension Fund. 



Hemsö completed its first acquisitions in Germany in 2011, comprising 17 properties. Hemsö’s first development project was completed – the construction of a new upper secondary school for 800 students in Upplands Väsby.



Hemsö established an office in Germany. The Third Swedish National Pension Fund acquired the remaining 50 per cent of shares in Hemsö and thereby became sole owner of the company.

Hemsö initiated its first bond programme as part of efforts to secure even more stable funding. The company also entered the Finnish market through the acquisition of Turku University of Applied Sciences. Together with AB Sagax, the Third Swedish National Pension Fund formed Hemsö Intressenter, which acquired 30 per cent of Hemsö. The first elementary school, Harvestadsskolan (with 350 places) was completed in Linköping, as well as the police station in Umeå.


Established an office in Helsinki, Finland.

Hemsö decided to include sustainability in its business model. The company received a credit rating of A- from Standard & Poor’s.

Hemsö issued the first sustainability bond in the Nordic region and established a European bond programme.



Hemsö completed its first construction in Germany – a secondary school for 1,000 students in Zossen, outside Berlin.




Hemsö completed its first construction of two new fire and rescue stations in Oulu, Finland, and one new nursing home in Germany.

Hemsö starts construction of Sweden's first Zero CO2 certified nursing home in Tyresö with Stiftelsen Stora Sköndal as tenant. The company receives a long-term credit rating of "A" with a stable outlook from Fitch Ratings. Hemsö signs a contract for the first primary school in Helsinki with a private landlord and the City of Helsinki as tenant.

Hemsö and Tagebad are forming Hemtag Fastigheter AB, which is half owned each, to develop, own and manage swimming and wellness facilities. Fitch upgrades Hemsö's credit rating to A+ with a stable outlook. Hemsö signs an acquisition agreement for the Lilla Tensta 1 property, which includes the buildings Tensta gymnasium and Tensta Träff. Sweden Green Building Council (SGBC) appoints Hemsö as the winner of the Zero CO2 Project of the Year for the Sköndalsvillan retirement and short-term care home in Tyresö and the Breeam-In-Use Building of the Year for the Torp medical center in Lerum.