Sirius Real Estate Share News (SRE)

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Sirius Real Estate sells industrial park, buys three assets

Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says its has disposed of an industrial park in Maintal, in Germany's southwest Hesse region, for EUR40.1 million, and has acquired three assets located in North London for GBP33.5 million. Says these transactions are part of its asset recycling programme. Notes that the Maintal disposal was achieved at about 6% above the last reported book value.

IN BRIEF: Fitch reaffirms Sirius Real Estate rating, outlook stable

Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says Fitch Ratings reaffirms its BBB investment grade credit rating, with "stable outlook". Says Fitch highlights the resilience of its high-yielding portfolio, operating platform and refurbishment capital expenditure strategies in driving consistent rental income.

Sirius Real Estate sees rent roll grow YOY

(Sharecast News) - Property company Sirius Real Estate said on Monday that it had delivered a year-on-year increase in like-for-like rent roll and that it was now trading in line with expectations.

LONDON MARKET OPEN: Oil majors lifted by tensions in Middle East

(Alliance News) - Stock prices in London opened lower on Monday as investors were put in a risk-off mood at the start of a new week amid exploding tensions in the Middle East.

Sirius Real Estate interim like-for-like rent roll up as expected

(Alliance News) - Sirius Real Estate Ltd said on Monday it continued experience "strong" trading in the first half of its financial year in line with its expectations.

LONDON BRIEFING: Metro Bank secures deal to shore up finances

(Alliance News) - Stocks in London are set to open higher on Monday as interest rate expectations held steady despite Friday's bumper US nonfarm payrolls report.

IN BRIEF: Sirius Real Estate sells business park, buys two assets

Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Completes disposal of a business park in Kassel, in Germany's southwest Hesse region, for EUR7.3 million. Says it has acquired two mixed use industrial assets for its BizSpace subsidiary in the UK for GBP9.5 million. The two assets are located in Liverpool and Barnsley.

UK dividends calendar - next 7 days

IN BRIEF: Sirius Real Estate unit to buy mixed use industrial assets

Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says its UK-based subsidiary BizSpace has exchanged contracts to acquire a portfolio of two mixed use industrial assets for GBP9.5 million. Says these acquisitions follow on from the previously announced Camberwell and Ipswich disposals.

IN BRIEF: Sirius Real Estate to engage dissenters on equity allotment

Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says 22.5% of shareholders oppose a resolution to authorise directors generally and unconditionally to allot equity securities. Says all resolutions were duly passed at the annual general meeting held on Monday. Sirius invites dissenting shareholders to engage with it. Says it has been engaging with shareholders regarding resolution 16 in the lead up to the AGM and has a good understanding of the concerns of some of its major shareholders. "It is, however, the intention to extend the consultation process and report to shareholders in line with the requirements of the [UK Corporate Governance Code 2018]," the group says.

UK dividends calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Sirius Real Estate lifts dividend despite slump in annual profit

(Alliance News) - Sirius Real Estate Ltd on Monday said annual profit nearly halved as costs soared, but the property investor still was able to boost its dividend.

IN BRIEF: Sirius Real Estate expects to raise annual dividend by third

Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Expects total dividend for the financial year that ended March 31 to be between 5.566 euro cents and 5.794 cents per share, representing an increase of between 26% and 31% compared to the total dividend of 4.410 cents per share a year earlier. This expected increase is predominantly due to an increase in funds from operations, Sirius explains.