IN BRIEF: Sirius Real Estate acquires another business park in Germany

Related news

Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says it has acquired a light-industrial business park near Frankfurt, Germany, for €49.8 million. Notes that the site generates annual rent roll of €3.93 million. The business park is anchored by a European manufacturer of ballistic protection equipment.

‘This acquisition represents another attractive opportunity to deploy capital into a high-yielding industrial asset with strong existing income and clear potential for further growth,’ Sirius Chief Executive Officer Andrew Coombs says. The acquisition comes after Sirius said late in March it would buy a business park in Kiel, Germany, for €93.4 million, adding another defence-anchored asset to its portfolio.

Current stock price in Johannesburg: R 21.70, down 0.6% on Thursday

12-month change in Johannesburg: up 2.4%

Current stock price in London: 98.75 pence, up 0.2%

12-month change in London: up 6.6%

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Bids, mergers and takeovers

Ways to help you invest your money

Our investment accounts

Put your money to work with our range of investment accounts. Choose from ISAs, pensions, and more.

Need some investment ideas?

Let us give you a hand choosing investments. From managed funds to favourite picks, we’re here to help.

Read our expert tips and insights

Our investment experts share their knowledge on how to keep your money working hard across the markets.