About us My property Available facilities Our projects Financial information Press Home Press News Hemsö acquires property portfolio in Nacka Industry news Image archive Press contact Hemsö acquires property portfolio in Nacka Published on September 29, 2016 at 15:05 Hemsö acquires a portfolio comprising a number of properties in Nacka in Stockholm. The investment amounts to a total of approximately SEK 1.5 billion. The portfolio consists of three primary schools, ten preschools, two housing units and an ice rink. The seller is Nacka municipality, which will also be the main tenant. The average estimated remaining rental period is approximately 20 years, including planned projects. The property value excluding transaction costs amounts to SEK 612 million. In collaboration with Nacka municipality, the properties will be renovated, rebuilt and even to fulfill the municipality's visions. The project volume is estimated at SEK 775 - 900 million. - We have a good collaboration with Nacka municipality and are proud to have been entrusted to own, manage and develop additional properties in the municipality, says Hemsö CEO Per Berggren. After completion, the estimated lettable area is estimated to amount to around 34,000 square meters with an estimated rental value of just over SEK 70 million per year. Access will take place on 1 December 2016 and the projects in the portfolio are expected to be completed in 2021. The deal is subject to approval by the City Council. The acquisition is financed within the framework of Hemsö's ongoing financing operations. Document Press release Press release in PDF format