Sagax has through 7 separate transactions acquired 8 properties for the equivalent of SEK 692 million. The properties comprise a lettable area of 55,400 square metres and 117,100 square metres of land, whereof 29,000 square metres leasehold. The annual rental income amounts to the equivalent of SEK 81 million. The occupancy rate is 99% and the average remaining lease term is 9.2 years.


Closing for the equivalent of SEK 599 million has taken place during the first quarter of 2024. Closing for the remaining SEK 93 million is expected to take place during the end of the first quarter of 2024. The acquisitions will be reported in Sagax's segments Finland (SEK 382 million), Spain (SEK 217 million), France (SEK 65 million) and Germany (SEK 28 million).