David Mindus, CEO of Sagax.
Image: Sagax
Sweden —
Sagax has acquired five properties through three separate transactions for the equivalent of SEK 630 million. The properties comprise 90,500 square metres of lettable area mainly consisting of premises for warehousing and light industrial purposes and 251,300 square metres of freehold land.
The annual rental income amounts to the equivalent of SEK 48 million. The occupancy rate is 100% and the average remaining lease term is 5.9 years.
Closing has taken place for acquisitions totalling SEK 448 million. Of the remaining acquisitions, closing for SEK 70 million is expected during the third quarter of 2026 and for SEK 112 million during the first quarter of 2027.
The acquisitions will be reported in Sagax’s segments Iberia (SEK 560 million) and Germany (SEK 70 million).
All Nordics
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