Sagax Buys Nine Properties in Europe for SEK1.1 Billion

02:37 AM EDT, 08/17/2026 (MT Newswires) -- AB Sagax (SAGA-A.ST) purchased nine properties for 1.13 billion kronor across six separate transactions in Iberia, Benelux, Germany, and France. The fully leased properties have a combined lettable area of 106,000 square meters and freehold land of 192,800 square meters, according to a Monday release. They generate 82 million kronor in annual rental income for an average remaining lease term of 3.6 years. The warehouse and light industrial properties company has already closed 1.04 billion kronor of transactions, while the remaining deals are expected to close in the fourth quarter.