Sirius Real Estate is a large property company investing in business parks in Germany and the United Kingdom.

Sirius Real Estate
Company typePublic limited company
JSE: SRE
IndustryProperty
Founded2007
HeadquartersBerlin, Germany
Key people
Daniel Kitchen (chairman)
Andrew Coombs (CEO)
RevenueIncrease 270.1 million (2023)[1]
Decrease 101.6 million (2023)[1]
Decrease 79.7 million (2023)[1]
SubsidiariesBizSpace Group
Sirius Facilities
Websitesirius-real-estate.com

History

edit

The company was established in February 2007, and was listed on the Alternative Investment Market in May 2007.[2] In 2014, the company launched a listing on the Johannesburg Stock Exchange.[3] The company had acquired 40 business parks in Germany by the time it transferred to the main market in March 2017.[2] In March 2019, the company entered into a joint venture to invest in business parks in Germany with AXA Investment Managers.[4]

In November 2021, the company acquired the UK-based property business, BizSpace.[5]

Operations

edit

The company's investment portfolio was valued at £2.1 billion as at 31 March 2023.[1]

References

edit
  1. ^ a b c d "Annual Report 2023" (PDF). 7 July 2023. Retrieved 13 February 2024.
  2. ^ a b "Sirius Real Estate joins London Stock Exchange market". 5 July 2023. Retrieved 13 February 2024.
  3. ^ "Sirius lists on the JSE". 9 May 2023. Retrieved 13 February 2024.
  4. ^ "Sirius completes jv with AXA Investment Managers". 26 April 2023. Retrieved 13 February 2024.
  5. ^ "Sirius Real Estate makes UK move with £380m Bizspace deal". The Times. 9 November 2021. Retrieved 1 February 2024.
edit