SAGAX INVESTS SEK 623 MILLION THROUGH 6 TRANSACTIONS
Sagax has through six separate transactions acquired 18 properties for the equivalent of SEK 623 million. The properties comprise a lettable area of 66,900 square metres, mainly consisting of premises for warehousing and light industrial purposes. The annual rental income amounts to the equivalent of SEK 60 million. The occupancy rate is 95% and the average remaining lease term is 3.9 years. Closing for the equivalent of SEK 471 million has taken place. Closing for the remaining SEK 152 million is expected to take place during the third and fourth quarter of 2022. The acquisitions will