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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.


Hemsö received a land allocation from the City of Stockholm for the development of a sports centre in Bromma, Stockholm. The new facility will house Sweden’s first specially adapted ice rink for figure skating. Hemsö acquired three social and healthcare properties in Tampere, Finland, and the Kymenlaakso Psychiatric Hospital in Kouvola from Kymsote (the joint municipality for social and healthcare services in Kymenlaakso). Hemsö acquires a nursing home in Chemnitz and two nursing homes in the state of Bavaria in Germany.


Kerstin Hessius was elected as new Chairman at Hemsö’s AGM in 2023. Kerstin Hessius has been a member of Hemsö’s Board of Directors since 2009. The Council of Europe Development Bank (CEB), a multilateral development bank with an exclusive social mandate, granted an eight-year unsecured loan of EUR 22.2 million to Hemsö’s Campus Tensta project. Hemsö was awarded a lease by the City of Helsinki in a public tender. The city will rent premises for two upper secondary schools specialising in the arts in Helsinki. Hemsö’s owners decided to inject a total of SEK 2 billion in equity to strengthen the capital structure and finance Hemsö’s investments in new sustainable schools and nursing homes. Hemsö signed a 15-year lease agreement with the Swedish Police Authority for a new police station in Borlänge.

What we offer

A well-functioning society contains developing school environments, safe premises for the judiciary as well as safe nursing homes and care places.

  • Grandpa playing a game together with his grandshild in his room at the nursing home.

    Public properties

    What you do often, you become good at. Hemsö’s core business is to develop and manage public properties.

    Properties for public use
  • Project development

    Hemsö continuously develops public properties. This gives us broad knowledge and experience in driving the development of modern, sustainable and operationally adapted premises.

    Project development
  • A four story building in modern building design.

    Our projects

    Hemsö has many exciting projects in its property portfolio. Some examples can be found here.

    Some of our projects
Please read more about our offering