Proactive Research analyst Manos Halicioglu discusses his latest research note on Sirius Real Estate Limited (LSE:SRE, JSE:SRE, OTC:SRRLF), which recently released a trading Update for the financial year ending 31 March 2023.
The company’s success is attributed to its ability to capture rental growth in the current inflationary environment, achieving like-for-like rental growth in excess of 5% for the ninth consecutive year.
The company’s acquisitions and disposal strategy remains opportunistic, with six disposals completed in the last 12 months, and Sirius continues to invest in core assets and explore opportunities for growth.