David Mindus, CEO of Sagax.
Image: Sagax
Finland —
Sagax has through seven separate transactions acquired 9 properties for the equivalent of SEK 452 million. The properties comprise a lettable area of 42,900 square metres, mainly consisting of premises for warehousing and light industrial purposes.
The annual rental income amounts to the equivalent of SEK 34 million. The occupancy rate is 98% and the average remaining lease term is 4.5 years.
Closing will take place during the first quarter of 2022. The acquisitions will be reported in Sagax’s segments Netherlands (SEK 211 million), Helsinki (SEK 176 million), Madrid & Barcelona (SEK 13 million) and Rest of Europe (SEK 52 million).
All Nordics
Sweden
Denmark
Norway
