Brief: Sagax Invests Sek 750 Million Through 8 Transactions

Sagax AB

09/12/2024 07:00

Dec 9 (Reuters) - Sagax AB  SAGAa.ST :
    * INVESTS SEK 750 MILLION THROUGH 8 TRANSACTIONS
    * PROPERTIES COMPRISE A LETTABLE AREA OF 85,000 SQUARE
METRES AND
209,000 SQUARE METRES OF LAND, OF WHICH 18,000 SQUARE METRES IS
HELD WITH SITE LEASEHOLD TITLE
    * ONE PROPERTY WITH AN ESTIMATED RENTAL VALUE OF SEK 6
MILLION IS
ACQUIRED VACANT
    * ANNUAL RENTAL INCOME FOR REMAINING PROPERTIES AMOUNTS TO
EQUIVALENT OF SEK 52 MILLION CORRESPONDING TO AN OCCUPANCY RATE
OF 96%
    * AVERAGE REMAINING LEASE TERM IS 6.8 YEARS.

Source text:  ID:nWkr6XXkrG 
Further company coverage:  SAGAa.ST 

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