Sirius Real Estate has acquired a business park in Feldkirchen, Germany for 43.7 million euros. The park generates 3.4 million euros in annual rent with a 94% occupancy rate and a 7.8 year lease term. The asset is anchored by Excelitas. CEO Andrew Coombs stated that the acquisition aligns with their strategy of focusing on Germany in the second half of the financial year.

Read more at Nasdaq: Sirius To Acquire Business Park In Feldkirchen