Despite the turbulence in the market, Hemsö has commenced construction on many new projects during the year. The operational activities have run roughly as usual, which has meant several new leases, eight acquisitions and 23 new colleagues. So far this year, Hemsö has completed projects with a total of 650 new nursing home beds and 2,830 new school places.
Nils Styf, CEO at Hemsö
We are finding that demand in our segments is stronger than ever.
– We are finding that demand in our segments is stronger than ever. During 2023, we will have started construction on 14 development projects, which I am very proud of. It is important for us to be a reliable partner to the public sector in both good and bad times, says Nils Styf, CEO at Hemsö.
Hemsö started the construction of, for example, Vänersborg district court with the Courts Office as tenant, Ängegärde nursing home in Kungälv with Kungälv municipality as tenant and the preschool and elementary school Ektorps school with Nacka municipality as tenant.
One of the many highlights during the year is Hemsö’s expanded cooperation with municipalities in Finland. New leases were signed for two schools in Helsinki; a 25-year lease for a new pre-school with space for 224 children and a 15-year lease for two art-oriented secondary schools. A 20-year lease was also signed for the international school in Turku.
Long-term partner to the public sector
Several projects have also been completed and entered into long-term asset management. Among for example, the elementary school Stavsborgsskolan in Nacka, the secondary school Lundellska in Uppsala, the Paavola school campus in Lahtis, the nursing home in Kleinmachnow outside Berlin and the nursing home in Büttelborn outside Frankfurt were inaugurated.
– Inaugurations are a milestone. It is a wonderful feeling when our properties are filled with life and movement. To see them being used and that life goes on there just as we hoped when we put the shovel in the ground. Our focus is well-being and safety for students, the elderly, relatives and everyone who works on our properties, says Nils Styf.
Hemsö’s majority owner the Third Swedish National Pension is a long-term owner. In order to strengthen the capital structure and finance investments in new sustainable schools and nursing homes, the board and the owners decided in 2023 to add a total of another SEK 2 billion in equity capital.
– We have a strong and stable owner in the Third Swedish National Pension Fund. Hemsö also has a sustainable business model and a controlled growth rate in a growing market. Not least, I have colleagues with a great commitment to our social mission. All that together gives Hemsö a stable foundation in the continued work, says Nils Styf.
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.
What you do often, you become good at. Hemsö’s core business is to develop and manage public properties.Properties for public use
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
Hemsö has many exciting projects in its property portfolio. Some examples can be found here.Some of our projects