(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Chief Executive Officer Andrew Coombs subscribes to 104,651 shares at 86 pence each worth GBP89,999. Samira Bowman, PCA to Chief Financial Officer Chris Bowman, subscribes for 58,139 shares at the same price from GBP49,999. Sirius on Monday raised GBP146.6 million as part of capital raise through an accelerated bookbuild to help fund acquisitions. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Raises GBP146.6 million via the issue of 170.4 million new shares, representing around 15% of total shares prior to the capital raise. Earlier in the day, it said it sought to conduct a non-pre-emptive placing of new shares to raise about GBP145 million to allow it to buy new properties. The property group said it had identified a pipeline of eight attractive acquisition opportunities that met its criteria. Of these, four are based in Germany and would require around GBP85 million, and four are located in the UK and would require some GBP45 million. Over the last four months, it acquired assets in Liverpool, Barnsley and three in North London for a combined GBP45 million. Read More
(Alliance News) - Sirius Real Estate Ltd reported on Monday its interim profit nearly halved as a result of the revaluation of investment properties, and indicated it intended to raise capital for acquisitions. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says its has disposed of an industrial park in Maintal, in Germany's southwest Hesse region, for EUR40.1 million, and has acquired three assets located in North London for GBP33.5 million. Says these transactions are part of its asset recycling programme. Notes that the Maintal disposal was achieved at about 6% above the last reported book value. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says Fitch Ratings reaffirms its BBB investment grade credit rating, with "stable outlook". Says Fitch highlights the resilience of its high-yielding portfolio, operating platform and refurbishment capital expenditure strategies in driving consistent rental income. Read More
(Alliance News) - Stock prices in London opened lower on Monday as investors were put in a risk-off mood at the start of a new week amid exploding tensions in the Middle East. Read More
(Alliance News) - Sirius Real Estate Ltd said on Monday it continued experience "strong" trading in the first half of its financial year in line with its expectations. Read More
(Alliance News) - Stocks in London are set to open higher on Monday as interest rate expectations held steady despite Friday's bumper US nonfarm payrolls report. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Completes disposal of a business park in Kassel, in Germany's southwest Hesse region, for EUR7.3 million. Says it has acquired two mixed use industrial assets for its BizSpace subsidiary in the UK for GBP9.5 million. The two assets are located in Liverpool and Barnsley. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says its UK-based subsidiary BizSpace has exchanged contracts to acquire a portfolio of two mixed use industrial assets for GBP9.5 million. Says these acquisitions follow on from the previously announced Camberwell and Ipswich disposals. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says 22.5% of shareholders oppose a resolution to authorise directors generally and unconditionally to allot equity securities. Says all resolutions were duly passed at the annual general meeting held on Monday. Sirius invites dissenting shareholders to engage with it. Says it has been engaging with shareholders regarding resolution 16 in the lead up to the AGM and has a good understanding of the concerns of some of its major shareholders. "It is, however, the intention to extend the consultation process and report to shareholders in line with the requirements of the [UK Corporate Governance Code 2018]," the group says. Read More
(Alliance News) - Sirius Real Estate Ltd on Monday said annual profit nearly halved as costs soared, but the property investor still was able to boost its dividend. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Expects total dividend for the financial year that ended March 31 to be between 5.566 euro cents and 5.794 cents per share, representing an increase of between 26% and 31% compared to the total dividend of 4.410 cents per share a year earlier. This expected increase is predominantly due to an increase in funds from operations, Sirius explains. Read More