LONDON BROKER RATINGS: UBS raises Entain; HSBC lowers Shell target
(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 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
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Chief Executive Officer Andrew Coombs buys 100,015 shares at average 77.19 pence, worth GBP77,202, on Monday. He now has 11.8 million shares, a 0.8% stake. Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Monday morning and on Friday: Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Raises EUR350 million through a senior unsecured corporate bond, which matures in 2032 and carries a coupon of 4%. Says the EUR350 million bond issuance was approximately five times oversubscribed. "We appreciate the strong support that we have received from institutional investors for this EUR350 million bond issue which provides valuable, long-duration liquidity to enable us to continue executing our value-add growth plan," Sirius Chief Financial Officer Chris Bowman says. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Acquires a development site in Munich, immediately adjacent to its Munich-Neuaubing business park, for EUR13.3 million. The site has been acquired at its land value, Sirius says, and represents an "important" strategic acquisition that allows it to secure the final corner of a 130,000-square-meter estate, presenting value add and development options in the future. "The new asset being acquired comes with day one rent roll of about EUR740,000 per annum and the company envisions re-positioning the tenant base to maximise this income in the short term whilst exploring development plans," Sirius says. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Sirius Real Estate Ltd on Monday said its outlook was positive, citing its "strong" balance sheet as its rent roll grew comfortably. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More