IN BRIEF: Sirius Real Estate acquires Hartlebury Trading Estate in UK
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Acquires Hartlebury Trading Estate in Worcestershire for GBP101.1 million, excluding acquisition costs. Describes this acquisition as "transformational" for its UK business which operates as BizSpace. With the Hartlebury Trading Estate deal, the portfolio will grow by 18% to 8.3 million square foot, while growing the gross asset value by about 20% and immediately boosting revenue by 10%. Read More