IN BRIEF: Sirius Real Estate buys asset in Germany; sells UK property
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Acquires a light industrial property in Geilenkirchen, Germany, for EUR12.9 million. The asset was acquired by way of a sale-and-leaseback transaction, with a precision engineering business that specialises in processing sheet metal using laser technology. Says the acquisition is in line with its strategy of acquiring well-located assets, with secure income streams at attractive yields. Read More