Brief: Sagax Invests Sek 625 Million Through Five Transactions

Sagax AB

30/07/2021 17:22

July 30 (Reuters) - Sagax AB  SAGAa.ST :
    * SAGAX INVESTS SEK 625 MILLION THROUGH FIVE TRANSACTIONS
    * THROUGH FIVE SEPARATE TRANSACTIONS ACQUIRED FOUR
PROPERTIES IN
PARIS AND TWO PROPERTIES IN NETHERLANDS
    * SEK 458 MILLION IS INVESTED IN PARIS AND SEK 167 MILLION
IN
NETHERLANDS
    * CLOSING FOR EQUIVALENT OF SEK 428 MILLION IS ESTIMATED TO
TAKE
PLACE DURING Q3 OF 2021.
    * CLOSING FOR REMAINING SEK 197 MILLION IS EXPECTED TO TAKE
PLACE
DURING Q1 OF 2022.

Source text for Eikon:  ID:nWkr2d3lZg 
Further company coverage:  SAGAa.ST 

 ((Reuters.Briefs@thomsonreuters.com;))