Sirius Real Estate completed the acquisition of multi-tenant business park in Hamburg for €31.9m.

Sirius Real Estate, a property company, completed the acquisition of multi-tenant business park in Hamburg for €31.9m. "The acquisition of our fifth Hamburg business park will generate day one income and offers further significant potential to improve rental tone, grow occupancy and grow revenue through onsite development. Following our acquisition of a business park in nearby Lübeck earlier this year, the asset is another exciting addition to our portfolio in the Hamburg region and wider Northern German area. The transaction also builds on the momentum we have achieved this calendar year, having made over €340 million of acquisitions in the U.K. and Germany. Due to its strong economy and supportive macro tailwinds, and having made a number of significant acquisitions in the U.K. in the last couple of years, our main focus going into 2026 will be on seeking attractive investments in Germany, where we have a strong pipeline of opportunities that we are currently exploring," Andrew Coombs, Sirius Real Estate Chief Executive Officer.