Sirius Real Estate Limited (LSE:SRE, JSE:SRE, OTC:SRRLF) has confirmed the result of its retail offer, in which it has sold around 2.69 million shares priced at 94p each.
It follows the closing of the property firm’s £150 million fundraise confirmed yesterday.
The company has earmarked the proceeds to support its acquisition strategy in Germany and the UK.
Chief executive Andrew Coombs earlier this week said the success of the fundraiser was "a strong endorsement of our ambitious growth strategy and operational track record".
He added: "That we have been able to raise further capital so soon after both our equity raise in November, from which all proceeds have now been successfully invested, and our c. €60m bond tap in May, demonstrates the continued appeal amongst investors of our strategy, platform and carefully assembled portfolio."
The new investment will be funnelled into a pipeline of properties.