Sirius Real Estate Ltd. (SRE)

Sector:

Real Estate

Index:

FTSE 250

97.95p
   
  • Change Today:
      1.15p
  • 52 Week High: 97.95
  • 52 Week Low: 70.10
  • Currency: UK Pounds
  • Shares Issued: 1,348.14m
  • Volume: 4,284,907
  • Market Cap: £1,320.50m
  • RiskGrade: 149

Sirius Real Estate LFL annualised rent rolls rise YTD

By Iain Gilbert

Date: Monday 10 Oct 2022

LONDON (ShareCast) - (Sharecast News) - Property group Sirius Real Estate said on Monday that like-for-like annualised rent rolls had risen 2.4% in the six

months ended 30 September to €115.2m.
Sirius stated year-to-date trading and FFO was in line with consensus and management expectations for the full year as total annualised rent rolls increased to €167.9m, up from €167.1m six months earlier, despite disposals of its Magdeburg asset in Germany and its Camberwell site in the UK.

Looking ahead, Sirius said that despite "current economic headwinds", it continued to see "strong demand" for its range of conventional and flexible spaces in the UK and Germany.

Chief executive Andrew Coombs said: "Despite the concerns in Europe over the impact of the war in Ukraine, the resulting issues with energy supply, and the current inflationary and uncertain environment, Sirius has continued to see high demand for all of its product offerings in the period.

"We are confident that we can continue to grow our dividend as planned and believe that our ability to re-finance a substantial amount of debt so far in advance of expiry and in these markets demonstrates both the strength of our relationships with our financiers, as well as the confidence they have in our business model and Sirius' ability to continue to perform in good times and bad."

As of 0925 BST, Sirius shares were up 0.43% at 69.30p.







Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SRE Market Data

Currency UK Pounds
Share Price 97.95p
Change Today 1.15p
% Change 1.19 %
52 Week High 97.95
52 Week Low 70.10
Volume 4,284,907
Shares Issued 1,348.14m
Market Cap £1,320.50m
RiskGrade 149

SRE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.59% below the market average51.59% below the market average51.59% below the market average51.59% below the market average51.59% below the market average
61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average
Price Trend
56.69% above the market average56.69% above the market average56.69% above the market average56.69% above the market average56.69% above the market average
86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average
Income
49.31% above the market average49.31% above the market average49.31% above the market average49.31% above the market average49.31% above the market average
36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average
Growth
15.38% below the market average15.38% below the market average15.38% below the market average15.38% below the market average15.38% below the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SRE Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Dec-23 13-Jul-23
Paid 25-Jan-24 17-Aug-23
Amount 3.00¢ 2.98¢

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 2,439,395 @ 97.95p
16:35 1 @ 97.95p
16:35 14,913 @ 97.95p
16:35 2,551 @ 97.95p
16:35 5,957 @ 97.95p

SRE Key Personnel

CEO Andrew Coombs
CFO Chris Bowman

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