Sagax has through 7 separate transactions acquired 9 properties for the equivalent of SEK 710 million. The properties comprise 66,800 square metres of lettable area and 164,300 square metres of freehold land. The annual rental income amounts to the equivalent of SEK 53 million. The occupancy rate is 100% and the average remaining lease term is 9.1 years.
Closing for the equivalent of SEK 244 million has taken place. Of the remaining acquisitions, SEK 289 million is expected to be closed during the third quarter of 2026 and SEK 177 million during the first quarter of 2027. The acquisitions will be reported in Sagax’s segments France (SEK 197 million), Benelux (SEK 187 million), Denmark (SEK 177 million) and Germany (SEK 149 million).
In France, municipalities have a right of first refusal regarding property transactions. Necessary approvals are expected to be obtained.