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An announcement from Sirius Real Estate ( (GB:SRE) ) is now available.
Sirius Real Estate has secured a €13 million, 5-year loan at 3.264% to refinance its Saarbrücken business park, demonstrating its continued ability to attract financing at favorable rates. The company also recently raised €350 million through a senior unsecured corporate bond issuance. Additionally, Sirius’s MSCI AA ESG Rating has been reaffirmed, highlighting its commitment to sustainability. This refinancing and the bond issuance reflect the quality of Sirius’s assets and the appeal of the European lending market, reinforcing its position as a leader in sustainable financing and efficient asset management.
More about Sirius Real Estate
Sirius Real Estate is a prominent property company listed on the London Stock Exchange and the JSE Limited. It specializes in owning and operating branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K. The company holds a significant portfolio comprising 145 assets with a book value of €2.4 billion as of September 2024. Sirius has a strategic focus on acquiring business parks, integrating them into its network, and enhancing their appeal through intensive asset management, with the ultimate aim of generating attractive shareholder returns.
YTD Price Performance: -1.34%
Average Trading Volume: 4,728,439
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.18B
For detailed information about SRE stock, go to TipRanks’ Stock Analysis page.
