Community properties Home / About Hemfosa / Samhällsfastigheter Hemfosa focuses its operations on the property type Samhällsfastigheter; a relatively new area for real estate investments that has been created when the state, county council and municipality sold real estate assets to focus more on their core business such as education, justice, care and nursing. These activities are conducted under public auspices or through privately owned companies, but have in common that the financing takes place partly or entirely through tax funds; at least 70 percent of the rental value according to Hemfosa's definition. Privatization of the Nordic market for community properties The largest owners of community properties in Sweden are the public sector with a share of about 70 percent of the market, in terms of total property area, while the remaining about 30 percent is owned by private actors, according to a rough estimate by Fastighetsvärlden. In recent years, a large number of community properties in Sweden have been sold to private real estate companies. The same pattern characterizes the Norwegian and Finnish markets for community properties, even though the development is not as far-reaching. Good conditions to take advantage of business opportunities Hemfosa is today one of the largest private owners of community properties in Sweden and the only listed company that focuses on this type of property. The Swedish market for community properties is strong and is characterized by many buyers and good financing conditions compared with other types of properties. The assessment is that there will continue to be mobility in the market and Hemfosa's clear ambition is to continue to grow in community properties in the future, in Sweden as well as in Norway and Finland. The company has an opportunity-oriented and long-term attitude with good conditions to take advantage of the business opportunities that arise. Why community properties? Hemfosa sees a number of advantages with community properties compared to other types of commercial properties: - Stable return - Longer leases - Lower risk - Less cyclical sensitivity - Stable rental levels - High occupancy rate - Geographical location less significant - Demographic development is expected to increase demand for community properties - Provides conditions for favorable financing © Hemfosa Fastigheter AB | Visiting address Hästholmsvägen 28 | Postal address Box 2020, 131 02 Nacka | Vxl 08- 448 04 80 | info@hemfosa.se