News | Nordic Property News

ARTICLES TAGGED WITH "Sagax"

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.

After the Major Purchase – Here Are Cibus' Growth Plans

Nordic — Cibus continues to make large portfolio acquisitions. After buying 72 properties in Finland from Sagax, CEO Sverker Källgården tells Nordic Property News about the growth strategy, getting a new large owner in the company, the plans for the second half of 2021 and about expansion opportunities to Norway and Denmark.

Cibus Acquires Portfolio from Sagax

Finland — Cibus Nordic Real Estate signs the acquisition of 72 grocery stores in Finland for EUR 71.6M and agrees on a directed share issue of 2,000,000 new shares to Sagax.

Sagax Will Be Included in the EPRA Index

Sweden — Sagax has been informed by the European Public Real Estate Association that Sagax Class B common share is to be included in the FTSE EPRA Nareit Global Real Estate Index Series.

Sagax Acquires Logistics and Industrial Property in Vantaa

Finland — HKScan Oyj, a food industry company listed on the Helsinki Stock Exchange and real estate company Sagax Finland whose parent company is listed on the Stockholm Stock Exchange have signed a sale and leaseback transaction for HKScan's logistics and production property complex in Vantaa.

Sagax Increases Holdings in Swedish Heavyweight

Sweden — David Mindus’ Sagax keeps investing in other real estate companies. With a new major acquisition Sagax has increased their owner-stake in a Swedish heavyweight.

Future Investment Targets for Sagax

Sweden — David Mindus, CEO of Sagax, on what it takes to make further investments, the global focus, and whether they look for new markets, going into 2021.

Sagax Issues D Shares

Sweden — Sagax completes a directed issue of class D common shares, raising proceeds of MSEK 513.

Sagax Acquires in the Netherlands and Spain

Sweden — Through six separate transactions, Sagax has acquired 17 properties in the Netherlands and 14 properties in Barcelona. The total investment amounts to the equivalent of MSEK 439.

Nyfosa and Sagax to Propose Dividend in Kind of Shares in Torslanda Property

Sweden — The Board of Directors of Nyfosa and Sagax intends to propose their Annual General Meetings to resolve on a dividend in kind in the form of shares corresponding to 15 percent of the total number of shares in Torslanda Property Investment. Söderport is owned equally by Nyfosa and AB Sagax.

”Difficult to Find Attractive Investments”

Finland — Jaakko Vehanen, Managing Director at Sagax Finland, tells Nordic Property News why the recently purchased Vantaa property was of interest and why it is difficult to estimate the company’s investment volume in the future.

SRV Sells Logistics Centre in Vantaa to Sagax

Finland — SRV has made a deal with Sagax Finland on the sale of the Lumijälki 2 project. Work on the logistics centre will commence immediately and the new premises in Ylästö, Vantaa will be ready for use in early 2021.

Sagax Makes More Acquisitions in Spain

Sweden — Sagax has acquired nine properties in Madrid and two properties in Barcelona through four separate transactions. The total investment amounts to the equivalent of SEK 255 million.

Sagax Becomes Large Owner in Emilshus

Sweden — Sagax has today agreed to sell eight properties for MSEK 180 million to Emilshus. Emilshus will pay the purchase price in the form of newly issued shares. Sagax will own 25 perncet of Emilshus.

Why the Housing Group Acquired Properties from the Logistics Giant

Sweden — The housing company Obos purchased commercial properties from Sagax. Ulrika Liiv, Head of Communications at Obos Sweden, on the deal: "A strategic investment for us."

Nyfosa Acquires from Söderport

Sweden — Nyfosa has signed an agreement with Nyfosa's joint venture Söderport Holding AB to acquire 10 properties at a value of MSEK 214. Söderport Holding AB is equally owned by Nyfosa and Sagax.

Sagax Sells to Obos

Sweden — Sagax sells two properties in Vetlanda and Sävsjö to Obos.

The Best Yields Among the Listed Nordic Companies

Nordic — Nordic Property News has listed the Nordic construction and real estate companies’ dividend yield. Here is the complete list.

Why Sagax Enters a New Market

Sweden — Sagax invests in a new market through double investment. CEO David Mindus tells Nordic Property News about the motive, why the entrance to the market was delayed and which two cities to invest in.

Söderport Divests Properties for SEK 2.3 Billion

Sweden — Söderport Holding, which is owned equally by Nyfosa and Sagax, has today, through a subsidiary, agreed to transfer six properties in Torslanda to the listed one-property company Torslanda Property Investment.

Nyfosa and Sagax Transfers Properties for SEK 1.4 billion to Co-owned JV

Sweden — Söderport Holding, which is owned equally by Nyfosa and Sagax, has agreed to acquire nine properties from Nyfosa for MSEK 722 and six properties from Sagax for MSEK 668.

...and Here Is the Gender Distribution Among the Employees

Nordic — Nordic Property News presents the total amount of women and men that are employed by the major listed real estate companies in the Nordics.

Sagax Acquires Eight Properties

Sweden — Sagax has through five separate transactions agreed on the acquisition of eight properties in the Netherlands, three properties in Paris and one property in Stockholm. The total investment amounts to MSEK 200.

Sagax Makes New Finnish Purchase

Finland — Through four separate transactions, Sagax has acquired five properties in Finland and one property in the Netherlands.