Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSirius Real Estate Regulatory News (SRE)

Share Price Information for Sirius Real Estate (SRE)

Share Price is delayed by 15 minutes
Get Live Data
96.40    -0.30 (-0.31%)
Bid:
96.15
Ask:
96.20
Spread: 0.05 (0.052%)
Market Cap: £1.52b
SRE Live PriceLast checked at - London Stock Exchange

Intraday Sirius Real Estate Share Chart

Trading Statement

17 Nov 2022 07:00

RNS Number : 6847G
Sirius Real Estate Limited
17 November 2022
 

SIRIUS REAL ESTATE LIMITED

(Incorporated in Guernsey)

Company Number: 46442

JSE Share Code: SRE

LSE (GBP) Share Code: SRE

LEI: 213800NURUF5W8QSK566

ISIN Code: GG00B1W3VF54

 

17 November 2022

Sirius Real Estate Limited

("Sirius Real Estate", "Sirius" or the "Company")

Trading Statement

 

 

Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the UK, announces that it expects its dividend for the six-month period ended 30 September 2022 to be between 2.693 euro cents and 2.713 euro cents per share, representing an increase of between 32.0% and 33.0%, compared to the dividend of 2.040 euro cents per share reported for the six-month period ended 30 September 2021. This expected increase is predominantly due to an increase in funds from operations for the six-month period ended 30 September 2022.

 

This disclosure has been announced in line with the JSE Listings Requirements, pursuant to which the Company is required to publish a trading statement as soon as it becomes reasonably certain that the distribution per share for the next period to be reported on will differ by 15% or more from the distribution per share for the prior corresponding period.

 

The financial information on which this trading statement is based, has not been reviewed or reported on by the auditor of the Company. The reviewed results for the period ending 30 September 2022 are expected to be published on 21 November 2022.

 

For further information:

 

Sirius Real Estate

Andrew Coombs, CEO / Alistair Marks, CIO and Interim CFO

+49 (0) 30 285 010 110

 

FTI Consulting (Financial PR)

Richard Sunderland / James McEwan / Talia Shirion

+44 (0) 20 3727 1000

 

SiriusRealEstate@fticonsulting.com

 

NOTES TO EDITORS

About Sirius Real Estate

Sirius is a property company listed on the main and premium market of the London Stock Exchange and the Main Board of the JSE Limited. It is a leading owner and operator of branded business and

 

industrial parks providing conventional space and flexible workspace in Germany and the UK. As of31 March 2022, and following the acquisition of BizSpace, a leading UK provider of regional flexible workspace, the Group's portfolio comprised 140 assets let to 9,452 tenants with a total book value of over €2 billion, generating a total annualised rent roll of €167.1 million. Sirius also holds a 35% stake in Titanium, its €350+ million German-focused joint venture with clients of AXA IM Alts.

 

The Company's strategy centres on acquiring business parks at attractive yields and integrating them into its network of sites - both under the Sirius name and alongside a range of branded products. The business then seeks to reconfigure and upgrade existing and vacant space to appeal to the local market via intensive asset management and investment and may then choose to selectively refinance or dispose of assets once they meet maturity, to release capital for new investment. This active approach allows the Company to generate attractive returns for shareholders through growing rental income, improving cost recoveries and capital values, and enhancing returns through securing efficient financing terms. The Company has a strong track record for growing its income and has delivered like-for-like rent roll growth in excess of 5% for the last eight consecutive years.

 

For more information, please visit: www.sirius-real-estate.com

 

Follow us on LinkedIn at https://www.linkedin.com/company/siriusrealestate/

 

Follow us on Twitter at @SiriusRE

 

JSE Sponsor

PSG Capital

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
TSTDQLFFLFLZFBD
Date   Source Headline
1st Oct 20087:00 amRNSTrading Statement
22nd Sep 20087:00 amRNSNotice of EGM
22nd Sep 20087:00 amRNSDirector change and completion of acquisition
13th Aug 20087:00 amRNSDirector/PDMR Shareholding
11th Aug 20087:00 amRNSAcquisition of 48% stake in D
11th Aug 20087:00 amRNSPrinciple Acquires Stake in A
8th Aug 20081:40 pmRNSResult of AGM
1st Aug 200812:47 pmRNSTotal Voting Rights
1st Aug 20089:50 amRNSHolding(s) in Company
18th Jul 200811:54 amRNSHolding(s) in Company
17th Jul 200810:12 amRNSHolding(s) in Company
16th Jul 20084:40 pmRNSHolding(s) in Company
16th Jul 20081:01 pmRNSDirector/PDMR Shareholding
16th Jul 200812:02 pmRNSHolding(s) in Company
15th Jul 20081:51 pmRNSHolding(s) in Company
15th Jul 200812:28 pmRNSDirector/PDMR Shareholding
14th Jul 20081:11 pmRNSDirector/PDMR Shareholding -
14th Jul 200812:43 pmRNSDirector/PDMR Shareholding
14th Jul 20087:00 amRNSStatement re. Press Comment
9th Jul 20085:00 pmRNSTransaction in Own Shares
8th Jul 20085:00 pmRNSTransaction in Own Shares
7th Jul 20084:56 pmRNSTransaction in Own Shares
4th Jul 20084:31 pmRNSTransaction in Own Shares
2nd Jul 20084:54 pmRNSTransaction in Own Shares
1st Jul 20085:09 pmRNSTransaction in Own Shares
1st Jul 200811:00 amRNSTotal Voting Rights
27th Jun 20085:15 pmRNSHolding(s) in Company
16th Jun 20085:00 pmRNSTransaction in Own Shares
16th Jun 20087:00 amRNSFinal Results
13th Jun 20084:52 pmRNSTransaction in Own Shares
12th Jun 20085:12 pmRNSTransaction in Own Shares
11th Jun 20085:05 pmRNSTransaction in Own Shares
10th Jun 20085:05 pmRNSTransaction in Own Shares
6th Jun 20085:00 pmRNSTransaction in Own Shares
5th Jun 20085:03 pmRNSTransaction in Own Shares
4th Jun 20085:09 pmRNSTransaction in Own Shares
3rd Jun 20085:18 pmRNSTransaction in Own Shares
2nd Jun 200810:36 amRNSTotal Voting Rights
30th May 20085:28 pmRNSNotice of Results
30th May 20085:00 pmRNSTransaction in Own Shares
29th May 20085:07 pmRNSTransaction in Own Shares
29th May 20087:00 amRNSAcquisition
28th May 20085:06 pmRNSTransaction in Own Shares
27th May 20085:17 pmRNSTransaction in Own Shares
23rd May 20084:42 pmRNSTransaction in Own Shares
22nd May 20084:51 pmRNSTransaction in Own Shares
16th May 20085:11 pmRNSTransaction in Own Shares
14th May 20085:00 pmRNSTransaction in Own Shares
13th May 20084:20 pmRNSTransaction in Own Shares
8th May 20085:00 pmRNSTransaction in Own Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.