SAGAX INVESTS SEK 529 MILLION THROUGH 9 TRANSACTIONS
Sagax has through nine separate transactions acquired 16 properties for the equivalent of SEK 529 million. The properties comprise a lettable area of 37,700 square metres, mainly consisting of premises for warehousing and light industrial purposes. The annual rental income amounts to the equivalent of SEK 42.5 million. The occupancy rate is 94% and the average remaining lease term is 6.6 years. Closing for the equivalent of SEK 450 million has taken place. The acquisitions will be reported in Sagax’s segments Sweden (SEK 194 million), Finland (SEK 192 million), France (SEK 79