SAGAX INVESTS SEK 310 MILLION IN FINLAND
Sagax has acquired 2 properties for the equivalent of SEK 310 million. The properties comprise 17,100 square metres of lettable area and 47,600 square metres of freehold land. The annual rental income amounts to the equivalent of SEK 23 million. The occupancy rate is 100% and the average remaining lease term is 11.1 years.
Closing has taken place today. The acquisition will be reported in Sagax segment Finland.