Sirius Real Estate - Great returns, solid foundations
Sirius Real Estate has been a stand-out performer within the UK listed commercial real estate sector over the last three years, delivering a total shareholder return of 107%. The shares also offer a valuable portfolio diversifier for investors, with a geographic focus on Germany, and a focus on property classes that are underrepresented in the listed peer group. We present some peer group comparison data on p8.
The company holds a portfolio of 67 (including six joint venture) properties across Germany, consisting of multi-tenanted mixed-use business park facilities in the office, industrial, and storage segments, with a focus on the Mittelstand tenant base.
Some key attributes of Sirius as an investment include:
The business has exhibited robust operational performance during the past 12 months, maintaining strong levels of occupancy and rent collection despite the COVID situation. We argue that this reflects the nature of the tenant base, as industrial distribution and out-of-town office facilities have proved to be resilient assets during the crisis.
Quick facts: Sirius Real Estate Ltd
Price: 93.8 GBX
Market Cap: £987.54 m
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Sirius Real Estate Ltd named herein, including the promotion by the Company of Sirius Real Estate Ltd in any Content on the Site, the Company...FOR OUR FULL DISCLAIMER CLICK HERE
LEGAL NOTICE – IMPORTANT – PLEASE READ:
Proactive Research is a trading name of Proactive Investors Limited which is regulated and authorised by the Financial Conduct Authority (FCA) under firm registration...FOR OUR FULL DISCLAIMER CLICK HERE