IN BRIEF: Sirius Real Estate raises EUR105 million in bond tap
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Raises EUR105 million through a tap of its existing 1.75% notes due November 2028, bringing the total issue size to EUR464.9 million. Proceeds will fund acquisitions and general corporate purposes. Follows EUR300 million of acquisitions this year, including the GBP101.1 million Hartlebury Trading Estate. Chief Financial Officer Chris Bowman says the deal enhances capacity for growth while keeping net loan-to-value below 40%. Read More