Sirius Real Estate acquires Hamburg business park for EUR32 million
(Alliance News) - Sirius Real Estate Ltd on Thursday said it has acquired a multi-tenant business park in Hamburg, Germany for EUR31.9 million. Read More
(Alliance News) - Sirius Real Estate Ltd on Thursday said it has acquired a multi-tenant business park in Hamburg, Germany for EUR31.9 million. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Completes its acquisition of a business park in Feldkirchen, Munich, for EUR43.7 million. Feldkirchen business park generates EUR3.4 million of annualised rent roll per annum and is 94% occupied. The purchase terms reflect an EPRA net initial yield of 7.8%. The asset is anchored by Excelitas, a designer and manufacturer of high-performance optical and photonic solutions for defence, aerospace, medical and industrial applications. Sirius first announced this deal last month. Following this transaction, Sirius has acquired around EUR340 million of income-producing assets across the UK and Germany so far in 2025. Read More
(Alliance News) - Sirius Real Estate Ltd on Monday reported mixed results for the first half of its financial year with higher revenue and rental roll growth but lower profitability and a drop in net asset value per share. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says it will acquire a business park in Feldkirchen, Germany, for EUR43.7 million. Says Feldkirchen business park generates EUR3.4 million of annualised rent roll per annum and is 94% occupied. The purchase terms reflect an EPRA net initial yield of 7.8%, it says. The asset is anchored by Excelitas, a designer and manufacturer of high-performance optical and photonic solutions for defence, aerospace, medical and industrial applications. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says Fitch Ratings has reaffirmed its long-term issuer default rating and senior unsecured rating at 'BBB', with a 'stable outlook'. Fitch highlights the resilience of Sirius' business parks portfolio and the strength of its business model. The credit rating agency notes robust tenant demand. Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Monday morning and on Friday: Read More
(Alliance News) - Stock prices in London opened mostly lower on Monday, while in the Middle East ceasefire talks are due to start between Israel and Hamas. Read More
(Alliance News) - Sirius Real Estate Ltd is confident it is on track to meet full-year expectations, after rent roll grew sharply in the first half of financial 2026. Read More
(Alliance News) - Merchants Trust PLC on Monday said that macroeconomic predictions are fraught with uncertainty, citing US trade policy, conflicts in Ukraine and Gaza amid advances in artificial intelligence and automation. Read More
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
(Alliance News) - Sirius Real Estate Ltd on Tuesday said it has completed the acquisition of two business parks and a development site with planning permission in Dresden, Germany and Southampton, England. Read More
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
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Acquires a business park in Dresden, Germany for EUR23.4 million and one in Bedford, England for GBP16.1 million. The Dresden site is occupied by the vendor, who has entered into a one-year sale and leaseback and is expected to vacate thereafter. Sirius plans to convert the site into a multi-let industrial park, following the tenant's departure. Says this site will be its fourth in the Dresden area, alongside Klipphausen, Reinsberg and MicroPolis. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
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
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Gets a new EUR150 million unsecured revolving credit facility, with an initial three-year term. Says the facility has two one-year extension options and allows it to be upsized by up to an additional EUR100 million. The loan carries a margin of 120 basis points over short term Euribor, which is currently about 2%, leading to an interest cost of 3.2% if it were drawn down at existing rates. Read More