Announced
Completed
Synopsis
Sirius Real Estate, an owner and operator of branded business and industrial parks, completed the acquisition of Hartlebury Trading Estate, a unique and popular location for a wide range of businesses, for £101m. "The acquisition of Hartlebury Trading Estate marks a significant and highly strategic milestone for our U.K. BizSpace platform. Adding over 1.5m sq ft across 171 acres, this transaction materially scales our UK portfolio and positions us as a leading player in the Midlands region. The estate offers immediate, robust cash flow from a well-diversified and stable tenant base, while also presenting a number of opportunities to leverage the combined expertise of the Sirius and BizSpace platforms to enhance existing revenues and unlock new income streams through hands-on asset management, further enhancing the yield," Andrew Coombs, Sirius Real Estate CEO.
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