Sirius Real Estate’s trading update analysed by Proactive’s Richard Jeans

Richard Jeans, Proactive research analyst, discusses Sirius Real Estate’s pre-close trading update for the year ended March 2022.

The London and Johannesburg-listed property company anticipates results will be in line with expectations, with total annualised rent roll rising 73% to €167.1mln.

It’s the “eighth consecutive year that the company has reported organic growth exceeding 5%,” Jeans commented, making it a “strong performer within the commercial real estate sector.”