Sweden begins to value the Finnish health-related industry for opportunities

Swedish real estate company Hemsö has obtained an investment portfolio of 15 Finnish health care assets and properties for one hundred m Euros from a real-estate fund monitored by Helsinki investment manager Trevian.

Finalisation on the property portfolio, which was an element of the Trevian Care I equity fund, are expected this following month, said Trevian Asset Administration. It intends to keep performing healthcare fund projects right after the sale. "

The transfer of the real estate assets is one example of Trevian’s productive strategy of dynamic fund management with adaptive and lively deals and assorted agreements," said Managing Director Reima Södervall.

Trevian purchased the assets only last year from insurance and pension groups Etera and Varma. "The assets are rented to community towns and the best service providers in the sector on longstanding arrangements so we are thrilled to give over operations to a reliable proprietor like Hemsö," Södervall went on to say. Trevian has in excess of five hundred m Euros in property assets under their supervision.

Started a couple of years ago and belonging to its managment, Trevian is active in property fund control and expert services for banking companies, institutional investors and other expert investors. Hemsö, which is focused on public sector-leased real estate, has been non-public for half a dozen years now, having been acquired out of accredited business Kungsleden.

Currently it is owned by the 3rd Swedish National Retirement Fund (85 percent) and investor Sagax (15 %), and owns nearly 350 properties in old age, academia or med care. In 2011 it obtained seventeen assets for elderly care in Germany and its investment portfolio is increasing. Last year it began its expansion into Finland, getting hold of the Turku School of Applied Sciences. In the latest contract, Tenzing and Roschier counselled the seller.

In other health care announcements, medical care service provider Mehiläinen has effectively finalised the purchase of Mediverkko, a Finnish publicly-funded social services and healthcare provider. It is projected that the business will be joined with Mehiläinen, the Finnish private service provider of social solutions and healthcare.

Mediverkko is an active participant in three health care markets: Dental Care, Social Care, including nursing facilities, home care and youth welfare undertakings; and Primary Care, including GP solutions, health stations and clinics. The joint generated income was somewhere around € 365 000 000 throughout the last year, and the combined facilities consist of in excess of a hundred assisted living homes, clinics and private hospitals all over Finland. The collated corporation will hire around nine thousand experts and will be one of the most significant internal employers in Finland.