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Press release

SAGAX INVESTS SEK 420 MILLION THROUGH 4 TRANSACTIONS

Sagax

Sagax has acquired 4 properties through 4 separate transactions for the equivalent of SEK 420 million. The properties comprise a lettable area of 23,400 square metres and 42,000 square metres of land, of which 4,200 square metres are held with site leasehold title. The annual rental income amounts to the equivalent of SEK 29 million. The occupancy rate is 96% and the average remaining lease term is 3.8 years.

Closing for the equivalent of SEK 289 million has taken place. Closing for the remaining SEK 131 million is expected to take place during the first quarter of 2025. The acquisitions will be reported in Sagax’s segments Benelux (SEK 218 million), France (SEK 131 million) and Spain (SEK 71 million).

For further information, please contact CEO David Mindus, tel +46 8 545 83 540.

About Us
AB Sagax is a property company whose business concept is to invest in commercial properties, primarily in the warehouse and light industry segment. Sagax's property holdings per 30 September 2024 amounted to 4,767,000 square metres, distributed over 970 properties. AB Sagax (publ) is listed on Nasdaq Stockholm, Large Cap. More information is available at www.sagax.se.

Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation.

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SAGAX INVESTS SEK 420 MILLION THROUGH 4 TRANSACTIONS

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