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Hemsö acquires research centre in Germany

- Non-regulatory information

Hemsö has acquired an environmental and research centre under construction in Duisburg in Germany. The total investment amounts to SEK 1.1 billion.

The property will be used by the agency for environmental, nature and consumer protection in the state of Nordrhein-Westfalen and the focus will be on the survey, research and quality assurance of everything related to water. The state has signed a 20-year lease agreement. The lettable area, which comprises laboratories and offices, is 16,600 sqm plus a parking garage. The property has a strategic location at Duisburg central station, less than ten minutes by train from Düsseldorf Airport.

“Through this acquisition, Hemsö is broadening its investment strategy to include more segments in social infrastructure and public-sector tenants in Germany, entirely in line with the investment strategy applied in Sweden and Finland. The use of the property as a laboratory for environmental and consumer protection and its environmental certification also highlights Hemsö’s sustainability focus,” says Jens Nagel, Hemsö’s Head of Region Germany.

The property is expected to be completed in December 2018 and will be environmentally certified in accordance with the German DNGB rating system (Deutsche Gesellschaft für Nachhaltiges Bauen) and LEED Gold (Green Building Rating System). The seller is the German project development and property company Aurelis.