Sirius Bets on Office Revival in UK and Germany: The London Rush

[ad_1]

Hi, I’m Leo from Bloomberg’s UK Breaking News team, bringing you the latest stories making waves this morning.

Concern around the commercial real estate market has various investors sensing an opportunity. Sirius Real Estate Ltd., which rents out offices and other workspaces, is seeking to raise about £145 million to help it finance eight planned acquisitions in the UK and Germany. The group’s strategy of reshuffling assets is paying off so far — its occupancy rate as of Sept. 30 remained stable when compared with a year ago.

[ad_2]

Source link