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A well-functioning society has motivational learning environments, safe premises for the justice system, and secure nursing homes and hospital beds. These form the backbone of a country’s social welfare. Hemsö strengthen the backbone of society through sustainable ownership, management, and development of the public properties.
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Hemsö is the leading owner of properties for public use in Sweden. The hallmarks of Hemsö´s business are long-term leases, stable tenants, and strong ownership.
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Corporate governance in Hemsö is based, among other things, on the Swedish Companies Act, the Articles of Association and regulations for interest-bearing instruments on the marketplaces where Hemsö is listed.
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At Hemsö, we do more than just build and manage properties. We create living environments with people in focus.
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At Hemsö, we do more than just build and manage properties. We create living environments with people in focus. Our vision is to strengthen the backbone of society, and we do this by providing nursing homes, schools, and hospital beds in the community.
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Start / Media / Press releases / Hemsö develops new nursing home in Germany

press

Hemsö develops new nursing home in Germany

2019-09-17 - Non-regulatory information

Hemsö is conducting its first new construction of a nursing home under its own management in Germany. The total investment amounts to approximately SEK 170 million.

Hemsö is continuing to grow in the nursing home segment in Germany, and is developing its first nursing home in the town of Büttelborn outside Frankfurt. Hemsö is the developer for the nursing home, which will house 94 beds, 33 senior apartments and an adult day care centre.

“We are taking another step in our growth strategy with this development project, since we ourselves are responsible for development and production. We are applying the same concept as in Sweden and Finland, so we can benefit from the experience and knowledge that Hemsö has accumulated,” says Jens Nagel, Head of Region at Hemsö Germany.

Construction will begin in the spring of 2020, and the nursing home is expected to be ready in the autumn of 2021. A 25-year lease agreement for the nursing home and adult day care centre has been signed with Altenheim Victoria GmbH, a local nursing home operator in Büttelborn.

In Germany, Hemsö owns and manages public properties with a property value of approximately SEK 8 billion, primarily in elderly care.