Announced
Completed
Financials
Tags
Friendly
Germany
Acquisition
business parks
Completed
parcel logistics
Private
Domestic
Real Estate Holding and Development
Majority
Real Estate
Single Bidder
Synopsis
Sirius Real Estate, an owner and operator of branded business and industrial parks, completed the acquisition of four business park assets and one land parcel for $100m. "With our strong cash position, Sirius continues to deliver on an attractive pipeline of opportunities generated by our in-house acquisitions team. The new assets provide a mix of warehouse, production, and office space that we know works well for our platform and our customers. The assets are in well-established locations that benefit from strong SME demand and growth potential, as well as synergies with existing Sirius business park sites," Andrew Coombs, Sirius Real Estate CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.