LONDON BROKER RATINGS: Jefferies cuts Landsec and British Land
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: 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
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Kremena Wissel, chief marketing & impact officer, disposes of 298,320 shares at 97.17 pence each, worth GBP289,887.69, on Thursday. Wissel holds an interest in 1.1 million shares, or 0.069%, of the issued share capital. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Sirius Real Estate Ltd on Monday said it is seeking new growth opportunities after posting a "strong" annual financial performance. Read More
(Alliance News) - The FTSE 100 was called slightly lower on Monday, ahead of manufacturing PMI data from the UK and other regions, and following US President Donald Trump's claim that the US will double steel and aluminium import tariffs. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Agrees to acquire a multi-let business park in Lubeck, north Germany, for EUR12.7 million. Also reaches an agreement to sell a business park in Pfungstadt on the outskirts of Frankfurt for EUR30 million. Says it expects to complete the Pfungstadt transaction in the final quarter of the current financial year. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Stocks were called slightly higher on Monday in London, while in Europe the ifo reported some deceleration of job cuts in Germany - although it warned that ongoing uncertainty "could exacerbate the situation". Read More
(Alliance News) - Sirius Real Estate Ltd on Monday said it expects its annual financial performance to come in line with market expectations, with rent roll and occupancy "strong". Read More
(Alliance News) - Sirius Real Estate Ltd said on Thursday it has acquired Monchengladbach business park for EUR17.2 million, while it has sold BizSpace Cardiff for GBP5.1 million. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Sirius Real Estate Ltd on Wednesday announced its acquisition of Chalcroft Business Park in England for GBP36.5 million. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Sells its BizSpace Tyseley Business Park in Birmingham for GBP6.7 million, reflecting a 20% premium to its book value of GBP5.6 million in September 2024. Sirius had acquired the property in November 2021 for GBP5.1 million and increased the rent roll of the site by 30%, contributing to an increase in average rate per square foot to GBP9.69 from GBP7.39. However, "significant future capex investment was required in order to maintain the buildings, which the company felt could be better spent elsewhere in the portfolio", Sirius explains. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Acquires the Earl Mill business park in Oldham, UK, for GBP5.7 million. This is the second acquisition Sirius has made this year, following the recent purchase of the Reinsberg business park in Dresden. Earl Mill is a multi-let business park offering a mixture of warehouse and office space. Read More
(Alliance News) - Sirius Real Estate Ltd on Tuesday said it will acquire a business park in Reinsberg, Germany, for a total of EUR20.4 million. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Secures a new debt package at its Saarbrucken business park in south-west Germany. This follows its agreement on a EUR13 million, five-year loan at around 3.3% with Sparkasse Saarbrucken bank. The loan refinances its Saarbrucken business park, it says. The refinance deal comes after the company early this month raised EUR350 million through senior unsecured corporate bonds, maturing in 2032 and carrying a 4% coupon. Read More