Sirius expands German business park portfolio

Andrew Coombs Sirius Real Estate CEO (web and print)

Sirius Real Estate has paid €39.8m (£34m) for Oberhausen Business Park in north-west Germany.

The acquisition has been made using the proceeds of the company’s €400m corporate bond issue in June and will add a further 835,300 sq ft of lettable office and industrial space to the company’s 16.2m sq ft German portfolio.

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