ARTICLES TAGGED WITH "Sagax"

Sagax completes a directed issue – raising SEK 2.1 billion

Sweden Sweden — Sagax completes a directed issue of ten million common class B shares – raising SEK 2.1 billion (app. EUR 180 million).

Sagax invests SEK 645 million – adds Finnish property to portfolio

Finland Finland — On 26 October 2023, Sagax announced that the company had agreed to acquire 47 properties in France for SEK 930 million and that the investment, under certain conditions, could be increased by SEK 485 million. The conditions have now been met.

Sagax makes major portfolio investment in France

Sweden Sweden — 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.

Sagax acquires properties in Spain and France

Sweden Sweden — Sagax has through 4 separate transactions acquired 10 properties for the equivalent of SEK 425 million.

July transaction: Sagax invests SEK 760 million in Spain

Sweden Sweden — On July 25 Sagax acquired a portfolio of 19 properties in Spain for the equivalent of SEK 760 million.

Sagax makes new large investment in Nyfosa

Sweden Sweden — Sagax continues to increase their holdings in Nyfosa.

Sagax Makes Acquisitions

Nordic — Sagax has through four separate transactions acquired nine properties for the equivalent of SEK 600 million.

David Mindus: "With Great Risk Comes Great Opportunity"

Sweden Sweden — Sagax goes against the grain and reports an increased management result of 20 percent in the first quarter, compared to Q1 2022. CEO David Mindus tells Nordic Property News how he sees the transaction market in the company's segment: "Many want to see the market more stabilized before making large investments."

Sagax Invests in Five Countries

Nordic — Sagax has through nine separate transactions acquired 16 properties for the equivalent of SEK 529 million.

Sagax Closes Spanish Divestment

Sweden Sweden — Sagax has divested 36 properties in Spain in accordance with what was announced on 20 December, last year.

This is Where Mindus Wants Sagax to Invest More in 2023

Nordic — After the sale of 36 properties in Spain worth almost SEK 2 billion, Sagax CEO David Mindus tells Nordic Property News why the divestment took place less than three years after the acquisition of the portfolio, whether they will be net buyers or net sellers in 2023 and which market he would like to invest more in than in previous years.

Sagax Makes Portfolio Divestment in Spain

Sweden Sweden — Sagax has entered into an agreement to divest 36 properties in Spain to Coop Group for EUR 180 million and a fixed and unconditional payment of EUR 10 million in additional purchase price, rental income, or a combination thereof at Sagax’s discretion.

Sagax Crosses New Threshold in Nyfosa

Nordic — Has increased holdings by 36 percentage points in 2022.

Sagax Makes New Large Company Investment – Reaches 20 Percent

Sweden Sweden — David Mindus' company continues to charge significantly – has increased its ownership by almost six percent during Q2.

Sagax Acquires in Finland – and Five Other Countries

Finland Finland — Sagax has through six separate transactions acquired 18 properties for the equivalent of SEK 623 million. The properties comprise a lettable area of 66,900 square metres, mainly consisting of premises for warehousing and light industrial purposes.

Sagax Completes Large Acquisitions

Nordic — Sagax has through 13 separate transactions acquired 80 properties for the equivalent of SEK 1,285 million.

Sagax Increases in Nyfosa – Ownership Nearly Doubled in the Last Year

Nordic — Sagax continues to increase their holdings in Nyfosa.

Sagax Makes New Push in Nyfosa – Increase Holdings

Nordic — Sagax continues to increase their holdings in Nyfosa.

Sagax Makes Finnish Investment

Finland Finland — Sagax has through seven separate transactions acquired 9 properties for the equivalent of SEK 452 million.

Sagax Acquires Finnish Portfolio

Finland Finland — Sagax has through two separate transactions acquired 10 properties in Finland. The total investment amounts to the equivalent of SEK 557 million.

Sagax Makes Seven Transactions

Nordic — Sagax invests SEK 437 million through seven transactions.

Sagax Increases their Position in Nyfosa

Nordic — Sagax continues to make moves at the top of the Nyfosa owner list.

Sagax Acquires Properties in France and the Netherlands

Sweden Sweden — Sagax has through five separate transactions acquired four properties in Paris and two properties in the Netherlands. The total investment amounts to the equivalent of SEK 625 million of which SEK 458 million is invested in Paris and SEK 167 million in the Netherlands.

Sagax Acquires in Four Countries

Nordic — Sagax has through eight separate transactions acquired five properties in Finland, three properties in Paris, three properties in the Netherlands and one property in Stockholm. The aggregate acquisition cost amounts to the equivalent of SEK 775 million.

Sagax Becomes the Largest Owner in Nyfosa

Nordic — At the same time as the entry into the Cibus ownership group, Sagax makes an additional investment in Nyfosa and thus becoming the largest owner in the listed company. CEO David Mindus comments on the increased position in Nyfosa.