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Germany-focused business park owner Sirius Real Estate has acquired an office complex near Munich Airport for €20m (R323m) with it retaining its acquisitive stance amid low finance costs and strong demand from tenants.

The company owns or manages 60 business parks around Germany and its portfolio had a book value of €1.06bn at the end of its six months to end-September. This is an about 6% decline in the book value in the prior half-year...

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