SAGAX INVESTS SEK 930 MILLION IN FRANCE WITH A POSSIBLE ADDITIONAL INVESTMENT OF SEK 485 MILLION
Sagax has entered into an agreement with a world leader in construction and maintenance of transport infrastructures regarding a sale- and leaseback transaction concerning 47 properties in France. In connection with the closing, the seller will enter into long-term lease agreements for all properties. In 2022, the seller had revenues exceeding SEK 150 billion and more than 50,000 employees. The properties comprise a total lettable area of 69,000 square metres and 1,460,000 square metres of freehold land. The properties have been developed with light industrial premises with