Brief: Sagax Invests SEK 623 Million Through 6 Transactions

Sagax AB

14/07/2022 07:06

July 14 (Reuters) - Sagax AB  SAGAa.ST :
    * SAGAX INVESTS SEK 623 MILLION THROUGH 6 TRANSACTIONS
    * HAS THROUGH SIX SEPARATE TRANSACTIONS ACQUIRED 18
PROPERTIES FOR
EQUIVALENT OF SEK 623 MILLION
    * PROPERTIES COMPRISE A LETTABLE AREA OF 66,900 SQUARE
METRES,
MAINLY CONSISTING OF PREMISES FOR WAREHOUSING AND LIGHT
INDUSTRIAL PURPOSES
    * ANNUAL RENTAL INCOME AMOUNTS TO EQUIVALENT OF SEK 60
MILLION
    * OCCUPANCY RATE IS 95% AND AVERAGE REMAINING LEASE TERM IS
3.9
YEARS.

Source text for Eikon:  ID:nWkr5TgXxg 
Further company coverage:  SAGAa.ST 

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