(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
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