SAGAX INVESTS SEK 750 MILLION THROUGH 8 TRANSACTIONS
Sagax has through 8 separate transactions acquired 18 properties for the equivalent of SEK 750 million. The properties comprise a lettable area of 85,000 square metres and 209,000 square metres of land, of which 18,000 square metres is held with site leasehold title. One property with an estimated rental value of SEK 6 million is acquired vacant. The annual rental income for the remaining properties amounts to the equivalent of SEK 52 million corresponding to an occupancy rate of 96%. The average remaining lease term is 6.8 years. Closing for the equivalent of SEK 485 million takes