Sirius Real Estate acquired its 3rd German business park near Dresden for €13.8M, funded by a €165M capital raise, as part of its expansion in the German industrial real estate market.

Sirius Real Estate, a UK & SA-listed company, acquired its 3rd German business park for €13.8M, funded by a €165M capital raise. The site, near Dresden, will be converted into a multi-tenant business park. This acquisition is part of Sirius's expansion in the German industrial real estate market and supports their ongoing growth strategy. Following the announcement, Sirius shares rose 0.8% in London and 0.7% in Johannesburg.

February 29, 2024
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