Business
Appointment to the Sirius Real Estate Board
Sirius Real Estate Limited announced the immediate appointment of Ian Watson as an Independent Non-Executive Director and a member of the Nomination Committee, bringing over 30 years of expertise in the European industrial property market. Watson co-founded Ashtenne Holdings, which floated on the LSE with a portfolio around £750 million, and later co-founded and floated Hansteen Holdings, building its portfolio to approximately €2 billion before exiting German and Netherlands assets for €1.28 billion. Watson holds a beneficial interest in 51,514 Sirius Real Estate ordinary shares. Disclaimer*
About this update from Sirius Real Estate Limited
[{"type":"text","content":"\n\nSIRIUS REAL ESTATE LIMITED\n(Incorporated in Guernsey)\nCompany Number: 46442\nJSE Share Code: SRE\nLSE (GBP) Share Code: SRE\nLEI: 213800NURUF5W8QSK566\nISIN Code: GG00B1W3VF54\n \n11 February 2026\nSirius Real Estate Limited\n(\"Sirius Real Estate\", \"Sirius\" or the \"Company\")\nAppointment of Ian Watson to the Sirius Real Estate Board\nSirius Real Estate, the leading operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the UK, is pleased to announce that Ian Watson will join the Company's Board of Directors (\"Board\") as an Independent Non-Executive Director and a member of the Nomination Committee, with immediate effect.\n \nIan Watson is one of the best known and most successful investors in the European industrial property market. His appointment strengthens the Board, adding over 30 years of highly relevant expertise in the sector in both European and UK markets, as well as extensive capital markets and transactional experience.\nIan co-founded Ashtenne Holdings with Morgan Jones in 1989 to invest in UK regional multi-let industrial property. They floated the business in 1997 on the main market of the London Stock Exchange (\"LSE\") and over the next eight years as joint Chief Executives built up a portfolio worth around £750 million before selling it to Warner Estates and Anglo Irish Bank in 2005.\nThe two of them subsequently co-founded and floated Hansteen Holdings on the AIM market in 2005 to apply Ashtenne's model in Continental Europe, particularly in Germany and the Netherlands. In 2009, Hansteen moved back into the UK industrial market and listed on the main market of the LSE the same year. As joint Chief Executives, Ian and Morgan subsequently built Hansteen's portfolio of industrial property to around €2 billion, before exiting the German and Netherlands assets for €1.28 billion in 2017 and selling the then primarily UK-focused listed business in 2020 for £500 million.\nIan holds an MA in Law (Jurisprudence) from Oxford University and practised as a solicitor with Gouldens (now Jones Day). He joined Arlington Securities plc in 1986 before he left to form Ashtenne.\nCommenting on his appointment to the Sirius Board, Ian Watson said: \"Sirius is a business which I have long admired and is one of the most dynamic property companies op...