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Sirius Real Estate Expands with €20.4 Million Reinsberg Acquisition
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Sirius Real Estate Expands with €20.4 Million Reinsberg Acquisition

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The latest announcement is out from Sirius Real Estate ( (GB:SRE) ).

Sirius Real Estate has acquired the Reinsberg business park in Germany for €20.4 million, expanding its portfolio and leveraging its platform for additional income and value creation. The acquisition offers operational synergies with existing sites and demonstrates Sirius’s ability to quickly execute strategic transactions, enhancing its industry positioning and shareholder returns.

More about Sirius Real Estate

Sirius Real Estate is a property company listed on the London Stock Exchange and JSE Limited, specializing in owning and operating branded business and industrial parks in Germany and the U.K. The company manages a portfolio of 145 assets with a value of €2.4 billion, focusing on acquiring business parks, upgrading them, and generating returns through rental income and asset management.

YTD Price Performance: 2.10%

Average Trading Volume: 4,696,070

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.21B

See more insights into SRE stock on TipRanks’ Stock Analysis page.

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