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13 May 2019 | 07:08

Sirius Real Estate acquires German business park for €8.7m

Sirius Real Estate said it had completed the acquisition of Buxtehude Business Park south west of Hamburg for €8.7m.

The vendor was a 'well known, international spirits company', Sirius said.

The business park provided 28,532 square metres of lettable space on a plot of 35,425 square metres and was being acquired with full vacant possession.

Sirius said it would make use of its operating platform to re-let the site using a multi-tenant strategy with an anchor tenant surrounded by several smaller tenants with multiple different lease lengths.

Story provided by StockMarketWire.com
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