Sirius Real Estate (GB:SRE) has released an update.
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Sirius Real Estate has reported a strong financial performance for the six months ending September 2024, with a significant 14.5% rise in funds from operations and a 53.8% increase in profit before tax. The company’s strategic acquisitions have bolstered its rental income, leading to a 2% hike in dividends, showcasing its resilience and growth potential in the business and industrial parks sector in Germany and the UK. With a solid balance sheet and substantial cash reserves, Sirius is well-positioned for future acquisitions, aiming to continue delivering impressive returns for shareholders.
For further insights into GB:SRE stock, check out TipRanks’ Stock Analysis page.
