AB Sagax 2017 AR2
The report highlights AB Sagax's performance for the 2017 fiscal year, during which profit from property management increased by 21% to SEK 1,334 M and rental revenue rose 20% to SEK 1,870 M. The company expanded its property portfolio to 495 properties, with net investments reaching SEK 1,680 M, primarily focused on foreign markets. In terms of sustainability, Sagax transitioned to 100% renewable electricity for its Swedish property portfolio, successfully reducing greenhouse gas emissions by 13,047 tons. Additionally, the company obtained an official credit rating of Ba1 with a positive outlook from Moody's Investors Service.
Company: AB Sagax
Sector: Real Estate
Country: Sweden
Year: 2017
Type: AR2
Pages: 160
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AB Sagax
Annual Report
The report highlights AB Sagax's performance for the 2017 fiscal year, during which profit from property management increased by 21% to SEK 1,334 M and rental revenue rose 20% to SEK 1,870 M. The company expanded its property portfolio to 495 properties, with net investments reaching SEK 1,680 M, primarily focused on foreign markets. In terms of sustainability, Sagax transitioned to 100% renewable electricity for its Swedish property portfolio, successfully reducing greenhouse gas emissions by 13,047 tons. Additionally, the company obtained an official credit rating of Ba1 with a positive outlook from Moody's Investors Service.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees