SIRIUS REAL ESTATE
LIMITED
(Incorporated
in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
6 February 2025
Sirius Real Estate
Limited
("Sirius Real Estate", "Sirius", the
"Company" or the "Group")
Sirius strengthens leadership team with
senior hire from Shurgard
Tom Lampard appointed to capitalise on
self storage opportunity in UK & Germany
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.,
announces the appointment of Tom Lampard as Property Director -
Self Storage, assuming a key role on the BizSpace management board
with a remit covering the U.K. and German markets.
Tom will be joining BizSpace from Shurgard Self
Storage where he is Real Estate Director overseeing the South East
of England and Manchester markets. He joined Shurgard in 2024 when
it acquired Lok'nStore Group plc, where he held senior leadership
roles over a 12-year tenure.
Tom resigned in October of last year and is
currently working out his notice period with Shurgard. He is due to
arrive at BizSpace once he has completed his notice period as well
as any other contractual restrictions enforced by his employer.
When he arrives at BizSpace he will immediately assume primary
responsibility for developing BizSpace's self storage offering in
the U.K., as well as overseeing opportunistic self storage
development projects in Germany, including the planning and
construction of new facilities in Berlin.
With a portfolio that already includes over 30
self storage locations across the U.K. and Germany, Sirius has
near-term plans to launch further sites in the U.K. and build new
stores in Germany. In particular, the Company sees significant
potential for further market expansion, having identified several
sites within its existing U.K. and German portfolios that are
well-suited for conversion to, and where there is clear demand for,
self storage.
Andrew Coombs,
Chief Executive Officer of Sirius Real Estate,
commented: "Tom is the ideal candidate to help
drive Sirius' growth in the high-yielding self storage market,
where we see strong potential within our existing portfolio
alongside a selection of acquisition opportunities currently under
review. His arrival will bolster BizSpace's senior leadership team
at a critical stage in its growth journey, bringing considerable
expertise in a specialised sub-sector that aligns positively with
our property portfolio strategy whilst cross referencing learnings
from Germany to leverage the full Sirius platform."
ENDS
For further
information:
Sirius Real
Estate
Andrew Coombs, CEO / Chris Bowman,
CFO
+44 (0) 20 3059 0855
FTI
Consulting (Financial PR)
Richard Sunderland / Ellie Sweeney / James
McEwan
+44 (0) 20 3727 1000
SiriusRealEstate@fticonsulting.com
NOTES TO EDITORS
About Sirius Real Estate
Sirius is a property company listed on the
equity shares (commercial companies) category of the London Stock
Exchange and the premium segment of the main board of the JSE
Limited. It is a leading owner and operator of branded business and
industrial parks providing conventional space and flexible
workspace in Germany and the U.K. As of 30 September 2024, the
Group's owned portfolio comprised 145 assets let to 10,025 tenants
with a total book value of €2.4 billion, generating a total
annualised rent roll of €214 million. Sirius also holds a 35% stake
in Titanium, its €350+ million German-focused joint venture with
clients of AXA IM Alts.
The Company's strategy centres on acquiring
business parks at attractive yields and integrating them into its
network of sites - both under the Sirius and BizSpace names and
alongside a range of branded products. The business then seeks to
reconfigure and upgrade existing and vacant space to appeal to the
local market via intensive asset management and investment and may
then choose to refinance or dispose of assets selectively once they
meet maturity, to release capital for new investment. This active
approach allows the Company to generate attractive returns for
shareholders through growing rental income, improving cost
recoveries and capital values, and enhancing returns through
securing efficient financing terms.
For more information, please
visit: www.sirius-real-estate.com
Follow us on LinkedIn
at https://www.linkedin.com/company/siriusrealestate/
Follow us on X (Twitter) at
@SiriusRE
JSE Sponsor
PSG Capital
