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Sirius Real Estate Secures €350 Million in Oversubscribed Bond Issuance
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Sirius Real Estate Secures €350 Million in Oversubscribed Bond Issuance

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

Sirius Real Estate has successfully raised €350 million through a senior unsecured corporate bond issuance, which was five times oversubscribed, indicating strong investor confidence. The funds will be used to refinance existing debt and support a pipeline of acquisitions in Germany and the U.K., enhancing the company’s growth strategy and extending its debt maturity profile.

More about Sirius Real Estate

Sirius Real Estate is a leading property company that owns and operates branded business and industrial parks in Germany and the U.K. The company provides both conventional and flexible workspace solutions. As of September 2024, Sirius Real Estate’s portfolio included 145 properties valued at €2.4 billion, with a focus on acquiring business parks at attractive yields and enhancing them through intensive asset management.

YTD Price Performance: -6.11%

Average Trading Volume: 4,341,393

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.11B

Learn more about SRE stock on TipRanks’ Stock Analysis page.

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