October 10, 2014 - Assignment

Hemsö acquires nursing home in Germany

Hemsö has acquired an elderly care home in Aachen, Germany, for SEK 100 million. Hemsö has entered into a long term lease with the home’s operator CMS Dienstleistungen GmbH.

Hemsö is a property company that owns, manages and develops buildings for community services in Sweden and Germany. Hemsö’s property portfolio in Germany, managed from the company’s office in Berlin, comprises 23 elderly care homes. The Hemsö group is owned by The Third Swedish National Pension Fund (85%) and Sagax (15%).

Hemsö was advised by Mannheimer Swartling in the transaction. The firm’s team in Berlin included Thilo Schulz and Malte Woock; Maria Wolleh was the responsible partner.