The Swedish real estate company Sagax has acquired a total of five properties through three independent transactions. The total investment volume amounted to the equivalent of approximately 57 million Euros. These acquisitions comprise a lettable logistics area of 90,500 square metres and a plot area of 251,300 square metres. The properties are primarily designed for warehousing and light industrial use.
The annual rental income from these properties is projected to be the equivalent of SEK 48 million. The occupancy rate of the acquired properties is 100 percent, indicating high utilisation and attractiveness of the locations. The average remaining term of the existing leases is 5.9 years, which ensures a predictable income situation for Sagax.
Details of transaction processing and segment allocation
A substantial part of these transactions, valued at SEK 448 million, has already been completed (closing). The processing of the remaining acquisitions is scheduled for future dates. A further portion amounting to SEK 70 million is expected to be completed in the third quarter of 2026, while the final tranche, valued at SEK 112 million, is anticipated for the first quarter of 2027.
The acquired properties are allocated to Sagax's strategic segments. The majority of the investments, precisely SEK 560 million, fall under the Iberia segment. The remaining investment volume of SEK 70 million is attributed to the Germany segment. This division reflects the geographical diversification of the company's strategy.
These investments reinforce Sagax's presence in the European logistics market. The acquisitions strengthen the company's portfolio through fully let properties with stable tenant structures and contribute to long-term value creation. The focus on warehousing and light industrial space underscores the strategic interest in resilient real estate segments.
