Sirius acquires UK business park and land for £40.5m
CEO Andrew Coombs says deal will add ‘a strong, income-generating asset to our portfolio’
12 March 2025 - 10:55
Sirius Real Estate is to acquire Chalcroft Business Park and an adjoining piece of development land with outline planning permission for £40.5m.
The owner and operator of branded business and industrial parks in Germany and the UK had exchanged contracts to acquire Chalcroft Business Park for £36.5m, representing a net initial yield of 5.5%, as well as an adjoining 1.8ha piece of development land for £4m, it said on Wednesday...
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