Cirio advises Sagax on a directed share issue raising SEK 2 billion

Cirio has advised AB Sagax (publ) in connection with a directed share issue raising proceeds of approximately SEK 2 billion.

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 31 March 2023 amounted to 3,894,000 square metres, distributed over 749 properties. Sagax is listed on Nasdaq Stockholm, Large Cap.

Cirio advised Sagax with a team headed by Annika Andersson (Capital Markets and Public M&A), together with Sebastian Iso-Kamula, Rikard Kåresen and Martin Näslund (Capital Markets and Public M&A).