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
(Alliance News) - Stocks in London were called to open down on Wednesday, as the US government edges closer to its debt ceiling deadline and after some weak manufacturing data in China. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Completes the early refinancing of its EUR58.3 million facility with Deutsche Pfandbriefbank AG, seven months before it was due to expire. The refinancing comprises a new seven-year, EUR58.3 million facility with an all-in fixed interest rate of 4.25%, which will replace and redeem the existing facility upon its expiry on December 31, 2023 and will run until December 2030. Read More
(Alliance News) - Sirius Real Estate Ltd said on Monday it expected its annual financial performance to be in line with market expectations as it faced a "more challenging economic backdrop". Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Completes disposal of two assets for a total of EUR12.2 million. The most recent disposal, which was completed on Saturday, was achieved at a 5.3% premium to book value of EUR8.3 million as at September 30, 2022 and comprises a mixed-use mature business park in Wuppertal, in North Rhine Westphalia, Germany. Sirius originally bought the property for EUR8.8 million in 2007. This disposal follows the EUR3.4 million sale at book value of a vacant office building in Ipswich, England, which completed in December. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Names Chris Bowman as its new chief financial officer, joining the real estate investment firm from August 29. Bowman has nearly 25 years of experience in accounting, finance and capital markets. He joins from Berenberg, where he led the UK investment banking arm. Prior to this, he spent seven years in investment banking at Liberum. Read More
(Alliance News) - Stocks in London were called to open higher on Monday, as investors look past the recent turbulence in the banking sector. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Chief Information Officer and interim Chief Financial Officer Alistair Marks sells 1.0 million shares at 84.85 pence each, worth GBP848,504. The transaction took place on Monday. Marks now holds 6.6 million shares, or 0.56%, in the company. Read More
(Alliance News) - Sirius Real Estate Ltd on Monday reported a decline in interim profit as operating costs weighed, offsetting continued demand for space. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Expects to lift its interim dividend by at least 32% to between EUR2.69 and EUR2.71 for six months to September 30, from EUR2.04 in the prior year. This projected increase is predominantly due to an increase in funds from operations. Read More