INVESTORS Investment case Sirius represents a unique opportunity for investors to gain exposure to the attractive German light industrial and office real estate sector through a market leading owner and operator with a track record of active management and value creation. Germany is a highly attractive market with strong fundamentals The German economy is the largest in Europe and characterised by strong GDP growth, low unemployment and high levels of investment and consumer spending 99% of German companies are SMEs, the core customer of Sirius Assets can be acquired at attractive yields and at capital values well below replacement cost Sirius seeks to buy assets with the potential to create value, predominantly through the asset management process by filling vacant space and converting space to higher value uses Sirius maintains overall group LTV at 40% or less, financing new acquisitions with up to 50% LTV using long-term, low interest debt and subsequently blending them with unencumbered assets in the portfolio Unlike its competitors, Sirius has a fully integrated operating platform incorporating in-house marketing and sales functions that allows it to lower risk and increase returns Sirius has a well-structured portfolio Sirius owns a portfolio of close to €1bn of property assets Sirius owns and manages a substantial portfolio of mixed use real estate assets located in and around the “big seven” German markets Sirius has a well-diversified tenant base with the top 50 tenants generating 45% of annual income Future value enhancement to come from developing and letting the 21% of vacant space in the portfolio that is currently valued at an attractive 8.1% gross yield Operating with a proven business model and solid track record Sirius has proven capability in transforming assets through its capex investment programmes, which deliver returns in excess of 40% and enhance income and capital values Highly-developed in-house marketing and sales capability that targets prospective tenants directly using online and offline techniques that reduce the overall cost of acquiring customers and minimises dependency on third party agents Dedicated service charge team delivers best-in-class cost recovery by utilising advanced measurement and cost allocation techniques The Company is led by a team of highly experienced individuals who have been tested over the full real estate investment cycle Delivering a stable and attractive return profile Sirius has delivered a total shareholder accounting return in excess of 15% over the last three years The Group’s policy of distributing 65% of FFO as dividends ensures it maintains a well-covered dividend and provides the head-room to flex pay-out ratios as required Dividend yield ca. 5% Defensive gross yield of 8.1% with valuation gains mainly resulting from improvements in income Further value and income enhancement to come from a combination of asset recycling, filling vacant space in recently acquired assets, implementation and completion of accretive capex investment programmes and reductions in service charge leakage 40% ROI on reinvested capital 45 % Group LTV or less Business model Share Dealing Service In this section Investors Investment case Our markets Financial performance Reports Results & presentations & notices Share price information Share dealing Consensus & analyst information Our Ratings Company advisors Audio & webcasts Glossary of terms Events Calendar Disclaimer Privacy policy Cookie policy Accessibility Modern Slavery Statement NEWS SIGN UP Sirius Real Estate is proud to be a constituent of the FTSE250, EPRA, SAPY and MSCI Small Cap indices. Follow us Twitter LinkedIn This site uses third-party website tracking technologies to provide and continually improve our services, and to display advertisements according to users' interests. I agree and may revoke or change my consent at any time with effect for the future. ACCEPT ALL LEARN MORE Powered by Disclaimer | Privacy Policy