Sagax

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).