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Sirius Real Estate enjoying good growth as they eye $1.2bln property portfolio

Published: 17:41 26 Jul 2017 AEST

Based in Berlin, Andrew Coombs, chief executive of Sirius Real Estate Limited (LON:SRE) tells Proactive their focus is on business parks in the country.

''We have 47 business parks across Germany consisting of nearly 500 buildings''.

As to why they're keen on doing business in Germany, Coombs says: ''The price that you can buy property for versus the cost of replacing it is widely different and what that means is you can buy German business parks at  quite a low cost and you can develop a good business with a good margin without the worry of people simply just moving in to a brand new property''.

''Secure, predictable and reliable - we're all about risk-adjusted returns throughout the cycle'', Coombs adds.

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