SRE Sirius Real Estate Ld

TIDMSRE

RNS Number : 6201G

Sirius Real Estate Limited

31 May 2017

31 May 2017

Sirius Real Estate Limited

("Sirius Real Estate", "Sirius" or the "Company")

Appointment of Joint Broker

Sirius Real Estate Limited, a leading operator of branded business parks providing conventional space and flexible workspace in Germany, is pleased to announce the appointment of Berenberg as Joint Broker to the Company in the UK with immediate effect. Berenberg will work alongside Peel Hunt as the joint broker to the Company in the UK and PSG Capital as the Company's corporate advisor and sponsor in South Africa.

 
 For further information, please contact: 
 
  Sirius Real Estate                           +49 (0)30 285010110 
 Andrew Coombs, CEO 
  Alistair Marks, CFO 
 
 Berenberg                                   +44(0)20 3207 7800 
 Chris Bowman 
  Toby Flaux 
  Marie Stolberg 
 
 Novella                                     +44 (0)20 3151 7008 
 Tim Robertson 
  Toby Andrews 
 
 
 
 

About Sirius Real Estate

Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company's core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company's own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment. The Company's strategy aims to deliver attractive risk adjusted returns for shareholders by increasing rental income and improving cost recoveries and capital values, as well as by enhancing those returns through financing its assets on favourable terms. Once sites are mature and net income and values have been optimised, Sirius may consider their disposal in order to recycle equity into assets which present greater opportunity for the Group's asset management skills.

This information is provided by RNS

The company news service from the London Stock Exchange

END

APPQBLFXDEFEBBK

(END) Dow Jones Newswires

May 31, 2017 02:01 ET (06:01 GMT)

Sirius Real Estate Ld (LSE:SRE)
Historical Stock Chart
From Apr 2024 to May 2024

Sirius Real Estate Ld (LSE:SRE)
Historical Stock Chart
From May 2023 to May 2024