Business
Director Declaration
Director Declaration.
About this update from Sirius Real Estate Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 5683N\n Sirius Real Estate Limited\n 30 September 2021\n \n \n \n \n SIRIUS REAL ESTATE LIMITED\n \n \n (Incorporated in Guernsey)\n \n \n Company Number: 46442\n \n \n JSE Share Code: SRE\n \n \n LSE (GBP) Share Code: SRE\n \n \n LEI: 213800NURUF5W8QSK566\n \n \n ISIN Code: GG00B1W3VF54\n \n \n \n \n \n 30 September 2021 \n \n \n Sirius Real Estate Limited\n \n \n (\"Sirius Real Estate\", \"Sirius\" or the \"Company\")\n \n \n Director Declaration\n \n \n Sirius Real Estate has been informed today that Joanne Kenrick, a non-executive director of the Company, has resigned as a non-executive director of Safestore Holdings plc, with effect from 31 October 2021.\n \n \n \n \n \n For further information:\n \n \n Sirius Real Estate\n \n \n Andrew Coombs, CEO / Alistair Marks, CFO \n \n \n +49 (0) 30 285010110 \n \n \n \n FTI Consulting\n \n (Financial PR)\n \n \n Richard Sunderland / Claire Turvey / James McEwan / Talia Jessener\n \n \n +44 (0) 20 3727 1000\n \n \n [email protected] \n \n \n NOTES TO EDITORS\n \n \n About Sirius Real Estate\n \n \n Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the JSE Limited. 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...