LONDON: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has notarised the acquisition of a business park in Feldkirchen, Germany, for €43.7 million (including acquisition costs). Located on the outskirts of Munich, Bavaria, the site has a…
LONDON: Sirius Real Estate has finalized the acquisitions of two strategic business parks in Germany and the United Kingdom, adding €4.5 million in annualized income to its €2.7 billion portfolio. The company acquired a business park in Dresden for €23.4 million, including costs, and Chalcroft Business Park in Southampton for £38.6 million. The latter deal…
LONDON, UK: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has completed on four previously announced notarised acquisitions in Germany and the U.K., totalling over €100 million in aggregate. These include: Vantage Point Business Village in Gloucestershire, U.K.,…
LONDON: Sirius Real Estate, a prominent player in the German and UK business park sector, has marked its first UK property acquisition this year with the purchase of Vantage Point Business Village in Gloucestershire for £48.25 million (€56.4 million), reflecting a 10.2% initial yield. This move follows the company’s £147 million capital raise last November….
LONDON: Sirius Real Estate, a leading provider of conventional and flexible workspace in Germany and the U.K., has bought a business park in Klipphausen, near Dresden, along with an adjacent land parcel for €13.75 million (£11.73 million). The deal is part of the company’s expansion strategy, funded by its €165 million (£147 million) capital raise…
LONDON, UK: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has announced the acquisitions of two business parks, one in Köln (Cologne) and the other in Göppingen, for a total acquisition cost of approximately €40 million (£34 million)….
LONDON, UK: Sirius Real Estate has completed the acquisition of a high-quality business park in Neckartenzlingen, south of Stuttgart, for a total cost of €34.5 million, a news release noted. The transaction, which was notarised in September 2021, will be financed using existing cash resources, and reflects an EPRA net initial yield of 5.6%. As…
LONDON, UK: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany, announces it has completed the acquisition of Oberhausen Business Park for €39.8 million (total acquisition cost). The acquisition has been made using the proceeds of the Company’s €400 million corporate bond…
LONDON, UK: Sirius Real Estate Limited has agreed to acquire Helix Investments Limited (the holding company of the BizSpace business) from Värde Partners for a cash consideration of c.£245 million, based on an enterprise value of £380 million. BizSpace is a leading provider of regional flexible workspace, offering light industrial, workshop, studio and out of…
Sirius Real Estate is a large property company investing in German business parks. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Traded as: LSE: SRE Industry: Property Founded: 2007 Website: www.sirius-real-estate.com
LONDON, UK: Sirius Real Estate has completed the acquisitions of Neuss II, a business park near Düsseldorf, and Neuruppin Business Park, in the Brandenburg region, for a combined total of €33.4 million. Sirius Real Estate is the leading operator of branded business parks providing conventional space and flexible workspace in Germany. Originally constructed in 1987…
LONDON: Sirius Real Estate has completed the acquisition of Alzenau Business Park, 34km east of Frankfurt am Main against a total purchase consideration of €44.5 million, including acquisition costs of €2.5 million. The acquisition will initially be funded using proceeds from recent asset recycling activity and will be injected into an existing facility in the…