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 percent. The average remaining lease term is 6.8 years.

Closing for the equivalent of SEK 485 million takes place during the fourth quarter of 2024. Closing for the remaining SEK 265 million is expected to take place in the beginning of the first quarter of 2025. The acquisitions will be reported in Sagax’s segments Benelux (SEK 322 million), Spain (SEK 163 million), Germany (SEK 140 million) and France (SEK 125 million).