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New Deal


Announced

Completed

Sirius Real Estate completed the acquisition of four business park assets and one land parcel for $100m.

Financials

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Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Germany

Acquisition

business parks

Completed

parcel logistics

Private

Domestic

Real Estate Holding and Development

Majority

Real Estate

Single Bidder

Synopsis

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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.

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