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Hemsö acquires nursing home in Rhine-Main area of Germany

- Non-regulatory information

Hemsö has acquired a nursing home in Heusenstamm, by Frankfurt am Main, for a total investment volume of approximately SEK 220 million. This is Hemsö’s eleventh nursing home in the Rhine-Main area.

The nursing home contains 40 places, was constructed in 1977 and was completely remodelled and extended in 2008. In addition to the existing property, there are plans for a new construction of a further 16 single rooms, 30 senior apartments and a daycare unit.

“The property is located in central Heusenstamm, close to services and public transport, with excellent connections to Frankfurt am Main. Through the planned extension, we will gain an attractive nursing home centre for various ages and differing care requirements. We have excellent cooperation with our partner and tenant AWO-Hessen Süd, which also operates six of our other nursing homes,” says Jens Nagel, Hemsö’s Head of Region Germany.    

Following completion at the end of 2018, the nursing home will comprise 131 places, distributed among 101 single rooms and 15 double rooms, as well as 30 senior apartments. The operator is AWO Hessen Süd. The seller is Merkur Developing Holding GmbH.