Joint ventures and associated companies

In addition to the directly owned property portfolio, Sagax has invested in joint ventures and associated companies since 2010. The investment objective is to reach markets that Sagax does not have the capacity to reach, but which are considered attractive for shareholders.

Sagax owns 50% of Söderport Property Investment AB, with the remaining share owned by Nyfosa AB. Via Hemsö Intressenter AB, Sagax indirectly owns 15% of Hemsö Fastighets AB, with the remaining share owned by the Third Swedish National Pension Fund. Sagax also owns 50% of Fastighetsaktiebolaget Ess-Sierra, with the remainder owned by NP3 Fastigheter AB. In addition Sagax owns shares corresponding to 23.3% of the votes and capital in Nyfosa AB, 21.2% of the votes and 15.8% of the capital in NP3 Fastigheter AB and 24.1% of the votes and 22.2% of the capital in Fastighetsbolaget Emilshus AB.

SÖDERPORT PROPERTY INVESTMENT AB

Söderport’s operations consist of owning, managing and developing properties in Sweden. On behalf of Söderport, Sagax handles the financial administration and most of the asset management.

The Board of Söderport consists of Ann-Sofie Lindroth, Stina Lind Hök, Johan Hessius and David Mindus. The Head of Asset Management in AB Sagax, Urban Sjölund, is CEO in Söderport.

HEMSÖ INTRESSENTER AB

Hemsö Fastighets AB conducts operations in Sweden, Germany and Finland. Operations consist of owning, managing and developing public properties. More information about Hemsö Fastighets AB is available on the company’s webpage,  hemso.se.

FASTIGHETSBOLAGET ESS-SIERRA

Ess-Sierra was founded in December 2020 and its operations entail owning and managing properties that are let to Beijer Byggmaterial AB. The lettable area amounts to 184,000 square metres, of which the majority comprises warehouse premises and building supply stores. Most of the properties are situated in university and regional towns.

NYFOSA AB

Nyfosa AB is a property company active in the Swedish, Finnish and Norwegian markets with a focus on commercial properties in growth cities. Nyfosa AB is listed on Nasdaq Stockholm, Large Cap. More information about Nyfosa AB is available on the company´s website www.nyfosa.se.

NP3 FASTIGHETER AB

NP3 Fastigheter AB is a property company focusing on high-yielding commercial investment properties mainly in northern Sweden. More information on NP3 Fastigheter AB is available on the company’s website, np3fastigheter.se.

FASTIGHETSBOLAGET EMILSHUS AB

Emilshus acquires, develops and manages commercial properties in Småland and adjacent growth regions. The property portfolio is situated in growth regions, with a keen focus on local presence and close partnership with tenants. More information about Fastighetsbolaget Emilshus AB is available on the company's website, emilshus.com.