Sirius raises £146.6m for further acquisitions via share issue
The business park and storage warehouse recently bought five properties in the UK and has its sights on eight more there and in Germany
Business park and storage warehouse owner Sirius Real Estate has raised £146.6m (R3.4bn) as the company eyes further acquisitions after buying properties in Liverpool, Barnsley and three in the north of London for about £45m.
The company, valued at about R24bn on the JSE, will issue 170.4-million new shares will now be issued, about 14.5% of the number of shares currently available, bringing the new total to 1.35-billion shares...
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