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Sirius Real Estate Targets £150M Capital Boost
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Sirius Real Estate Targets £150M Capital Boost

Sirius Real Estate (GB:SRE) has released an update.

Sirius Real Estate Limited has announced the approval of a prospectus by the Financial Conduct Authority for the admission of new ordinary shares, aiming to raise £150 million through a non-pre-emptive placing. This development is part of the company’s strategy to expand its network of branded business and industrial parks in Germany and the UK. Investors can access the prospectus on the company’s website and the National Storage Mechanism.

For further insights into GB:SRE stock, check out TipRanks’ Stock Analysis page.

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