COMPANY COMMENT
Sirius expands while most others struggle
Sirius’s rental collections have been very strong as its storage business has supplemented its business parks
16 March 2021 - 20:06
Sirius Real Estate has shone brightly through the pandemic, while many other listed property companies have largely struggled. The company, which owns business parks and personal and commercial storage assets in Germany, has been buying assets.
On Tuesday, Sirius announced that it would acquire a business park in Essen, Germany for €10.71m (R190.3m), its fifth acquisition since the second half of its financial year, which ends in March. ..
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