The properties comprise a lettable area of 111,500 square metres, mainly consisting of premises for warehousing and light industrial purposes. The annual rental income amounts to the equivalent of SEK 74 million and the surplus ratio is estimated to 87 percent. The rental revenue is adjusted with 100 percent of the consumer price index or similar indexes. The occupancy rate is 89 percent and the average remaining lease term is 3.0 years. The estimated market rent amounts to SEK 98 million including lease-up of 8 vacant properties with a vacancy value of SEK 9 million.

Closing for the equivalent of SEK 600 million has taken place. Closing for the remaining SEK 685 million is expected to take place during the second quarter of 2022. The acquisitions will be reported in Sagax’s segments France (SEK 962 million), Finland (SEK 179 million), Sweden (SEK 71 million), Spain (SEK 63 million) and the Netherlands (SEK 10 million).