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Sirius Real Estate

Current Price 88.90p Bid 88.90p Ask 89.10p Change -0.89%
Last Updated: 17/01/2020 12:59. Prices delayed by at least 15 minutes.
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Company Overview

Sirius Real Estate Limited is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company's core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company's own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment. The Company's strategy aims to deliver attractive returns for shareholders by increasing rental income and improving cost recoveries and capital values, as well as by enhancing those returns through financing its assets on favourable terms. Once sites are mature and net income and values have been optimised, the Company may take the opportunity to refinance the sites to release capital for investment in new sites or consider the disposal of sites in order to recycle equity into assets which present greater opportunity for the asset management skills of the Company's team.

Financial Highlights Year Ended 31/03/2019

Turnover
£140.06m
Operating Profit
£155.33m
Dividend Yield
3.32
Dividend Per Share
3.36
Dividend Cover
3.65
P/E Ratio
7.03

Key Personnel

Alistair Brian Marks
Chief Financial Officer
Daniel John Kitchen
Non-Executive Chairman
Justin Richard Atkinson
Non-Executive Director
Mark Cherry
Non-Executive Director
Andrew James Peggie
Non-Executive Director
Wessel Johannes Hamman
Non-Executive Director
Jill Miranda May
Non-Executive Director

Stock Details

EPIC
SRE
ISIN
GG00B1W3VF54
Shares in Issue
1,038,369,821
Market cap
£932.46m

Analyst Views (2)

Strong Buy
 
100.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
89.00p
Bid Price
88.90p
Ask Price
89.10p
Volume
13954866
Change Today
-0.80p
% Change Today
-0.89%
Open
90.40p
Previous Close
89.80p
Intraday High
90.40p
Intraday Low
88.80p
52 Week High
92.50p
52 Week Low
58.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Sirius Real Estate Intra-day Chart

Sirius Real Estate News

News in this section is provided by AJ Bell

Escalating Iran tensions prompt oil price spike and drag FTSE into the red at midday 06 Jan 2020 | 11:55 FTSE falls in early trading as Iran tensions soar 06 Jan 2020 | 09:31 Sirius Real Estate acquires two German business parks for €33.4m 06 Jan 2020 | 07:26 Broker Forecast - Peel Hunt issues a broker note on Sirius Real Estate Ltd 17 Dec 2019 | 09:40 Sirius Real Estate acquires business park east of Frankfurt for €44.5m 17 Dec 2019 | 07:27 Sirius Real Estate acquires office complex near Munich Airport for €20.2m 02 Dec 2019 | 07:09 Broker Forecast - Berenberg issues a broker note on Sirius Real Estate Ltd 25 Nov 2019 | 11:00 Broker Forecast - Peel Hunt issues a broker note on Sirius Real Estate Ltd 25 Nov 2019 | 09:20 UK stocks open 0.7% higher on US-China trade hopes 25 Nov 2019 | 08:58 Sirius Real Estate lifts dividend 8.6% amid strong occupier demand in Germany 25 Nov 2019 | 07:12 Sirius Real Estate extends banking facility; says like-for-like rent roll broadly flat 02 Oct 2019 | 07:50 Sirius Real Estate acquires German business park for €6.7m 02 Sep 2019 | 07:07 Director Deals - Sirius Real Estate Ltd (SRE) 27 Aug 2019 | 16:15 Director Deals - Sirius Real Estate Ltd (SRE) 27 Aug 2019 | 16:15 Director Deals - Sirius Real Estate Ltd (SRE) 10 Jun 2019 | 09:00 Director Deals - Sirius Real Estate Ltd (SRE) 05 Jun 2019 | 16:50 Director Deals - Sirius Real Estate Ltd (SRE) 05 Jun 2019 | 16:50 Sirius Real Estate profit jumps 62% amid revaluation gains 03 Jun 2019 | 07:34 Sirius Real Estate acquires German business park for €8.7m 13 May 2019 | 07:08 Broker Forecast - Berenberg issues a broker note on Sirius Real Estate Ltd 08 Apr 2019 | 10:40 Sirius Real Estate sees German rental income boost 08 Apr 2019 | 07:22 Director Deals - Sirius Real Estate Ltd (SRE) 21 Mar 2019 | 09:00 Director Deals - Sirius Real Estate Ltd (SRE) 21 Mar 2019 | 09:00 Director Deals - Sirius Real Estate Ltd (SRE) 15 Mar 2019 | 15:25 Sirius Real Estate completes €25.7m business park acquisition in Germany's Bochum 14 Mar 2019 | 08:51 Sirius Real Estate forms German property JV with AXA Investment Managers 01 Mar 2019 | 08:25 Director Deals - Sirius Real Estate Ltd (SRE) 22 Jan 2019 | 15:15

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Tangible Assets
3.4
3.1
Intangible Assets & Goodwill
3.7
3.7
Investments & Other Non-Current Assets
974.7
914.7
Total Non-Current Assets
981.9
921.5
Inventory
0.0
0.0
Trade & Receivables
10.8
45.1
Cash & Receivables
36.3
79.6
Other Current Assets & Assets Held for Resale
164.9
17.3
Total Assets
1,193.9
1,063.5

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Short Term Liabilities
49.1
51.9
Long Term Liabilities
355.7
386.0
Other Liabilities / Pension etc
63.0
0.0
Total Liabilities
467.9
437.9

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Net Assets
726.1
625.6

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Share Capital
0.0
0.0
Minority Interests
0.2
0.2
Retained Earnings
234.8
106.1
Share Premium Account
0.0
0.0
Other Equity
491.0
519.3
Total Equity
726.1
625.6

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Cashflow from Operating Activities
53.1
43.1
Cashflow Before Financing
-14.7
-31.0
Increase / Decrease in Cash
-39.3
30.9

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Turnover
140.1
72.1
Cost of Sales
64.3
9.1
Gross Profit
75.8
63.1
Operating Profit
155.3
99.8
Pre-Tax Profit
144.7
89.7
Profit / Loss for the Year
128.7
81.4

Dividend History

Data has been provided by AJ Bell

Period
Ex-Dividend Date
Payment Date
H1 Dividend
19 Dec 2019
17 Jan 2020
H2 Dividend
11 Jul 2019
22 Aug 2019
H1 Dividend
13 Dec 2018
18 Jan 2019
H2 Dividend
12 Jul 2018
17 Aug 2018
H1 Dividend
14 Dec 2017
19 Jan 2018
H2 Dividend
13 Jul 2017
18 Aug 2017
H1 Dividend
15 Dec 2016
20 Jan 2017
H2 Dividend
16 Jun 2016
15 Jul 2016
H1 Dividend
17 Dec 2015
20 Jan 2016
H2 Dividend
11 Jun 2015
10 Jul 2015
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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