SAGAX INVESTS SEK 625 MILLION THROUGH FIVE TRANSACTIONS
Sagax has through five separate transactions acquired four properties in Paris and two properties in the Netherlands. The total investment amounts to the equivalent of SEK 625 million of which SEK 458 million is invested in Paris and SEK 167 million in the Netherlands. The properties have a lettable area of 45,800 square meters, mainly consisting of premises for warehousing and industrial purposes. The gross annual rental income amounts to the equivalent of SEK 42 million. The occupancy rate is 86% and the average remaining lease term is 5.1 years. Closing for the equivalent of SEK