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SAGAX INVESTS SEK 570 MILLION THROUGH 2 TRANSACTIONS

Sagax has acquired 3 properties through 2 separate transactions for the equivalent of SEK 570 million. The properties comprise a lettable area of 80,400 square metres and 196,200 square metres of land, of which 183,200 square metres are held with site leasehold title. The annual rental income amounts to the equivalent of SEK 60 million. The occupancy rate is 93% and the average remaining lease term is 3.2 years.

Closing for the equivalent of SEK 505 million has taken place. Closing for the remaining SEK 65 million is expected to take place during the second quarter of 2025. The acquisitions will be reported in Sagax’s segments Benelux (SEK 505 million) and France (SEK 65 million).

For further information, please contact CEO David Mindus, tel +46 8 545 83 540.

About AB Sagax
AB Sagax is a property company whose business concept is to invest in commercial properties, primarily in the warehouse and light industry segment. Sagax's property holdings per 31 December 2024 amounted to 4,834,000 square metres, distributed over 983 properties. AB Sagax (publ) is listed on Nasdaq Stockholm, Large Cap. More information is available at www.sagax.se.

Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation.

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SAGAX INVESTS SEK 570 MILLION THROUGH 2 TRANSACTIONS

Datum 2025-05-02, kl 08:30
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SAGAX INVESTS SEK 570 MILLION THROUGH 2 TRANSACTIONS
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