(NewsDirect)
Proactive Research Analyst ManosHalicioglu speaks to Thomas Warner after publishing his latestresearch note on owner and operator of branded business and industrialparks Sirius Real Estate.
Haliciogluexplains that Sirius reported a notable 7.7% half-year uplift in thesix months to 30 September, meeting management's expectationsdespite economic challenges in their primary UK and Germanmarkets.
In Germany, Siriusshowcased its stability with its strong asset management, while in theUK, rent roll exceeded £50 million for the first time. Additionally,Sirius advanced its asset recycling programme, selling its castlebusiness park for a 5% premium and acquiring two UK industrialassets.
These strategic decisionshighlight Sirius's ability to adeptly navigate economicuncertainties, promising investors a projected 100% ROI over fiveyears.
Sirius is set to announce itsfirst half results on 20th November, with the market keenly awaitingfurther indications of the company's growth trajectory.
For the full report, visit: https://www.proactiveinvestors.co.uk/companies/news/1029224/sirius-real-estate-steadfast-growth-amidst-economic-headwinds-1029224.html
ContactDetails
Proactive UK Ltd
+44 20 7989 0813
Copyright (c) 2023 TheNewswire - All rights reserved.