Million Dollar
Homes
Sirius Real Estate Limited wraps up four acquisitions totaling €100 million, expanding its business and industrial park portfolio in Germany and the UK.
Assets include Vantage Point Business Village in Gloucestershire, a business park in Köln, a multi-tenanted business park in Göppingen, and an industrial park in Klipphausen near Dresden.
The acquisitions bring over 1.5 million square feet (139,000 square meters) of space to the BizSpace portfolio, enhancing the Group's presence in both countries.
The capital raised in November, totaling €165 million (£147 million), facilitated these purchases.
CEO Andrew Coombs emphasizes the strategic value of the acquisitions, anticipating income and value growth across strategic locations.
Additionally, the sale of a light industrial asset in Stoke-on-Trent for £3 million enables the company to focus on strategic assets and recycle returns into new opportunities.
Coombs highlights ongoing aggressive investments and advanced negotiations on additional prospects, positioning the Group for long-term growth.