European industrial property investor Sagax has acquired eight properties worth SEK910m (€81.6m) in seven separate transactions.

Nasdaq Stockholm-listed Sagax said the acquisition of SEK585m has closed, with the remaining SEK325m expected to close during the third quarter of 2025.

The properties, with a 99% occupancy and an average remaining lease term of 5.2 years, provide a lettable area of 134,800sqm and 330,400sqm of freehold land, the company added.

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