Sirius Real Estate Ltd. (SRE)

Sector:

Real Estate

Index:

FTSE 250

131.20p
   
  • Change Today:
    -1.80p
  • 52 Week High: 135.20p
  • 52 Week Low: 72.90p
  • Currency: UK Pounds
  • Shares Issued: 1,064.18m
  • Volume: 1,552,185
  • Market Cap: £1,396.21m
  • RiskGrade: 149

Sirius Real Estate considering issue of senior unsecured bonds

By Michele Maatouk

Date: Wednesday 09 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Sirius Real Estate said on Wednesday that it is assessing the opportunity to issue senior unsecured bonds, "as part of a broader strategy to move to a funding structure more balanced between secured and unsecured debt".
The company, which operates branded business and industrial parks in Germany, said any proceeds of a bond issue would be used to refinance secured debt and fund potential asset acquisitions.

Chief financial officer Alistair Marks said: "A move towards more unsecured debt funding would have many benefits for Sirius including increasing operational flexibility through the creation of a much larger pool of unencumbered assets as well as enhancing our funding efficiency going forward."



Email this article to a friend

or share it with one of these popular networks:


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 131.20p
Change Today -1.80p
% Change -1.35 %
52 Week High 135.20p
52 Week Low 72.90p
Volume 1,552,185
Shares Issued 1,064.18m
Market Cap £1,396.21m
RiskGrade 149

SRE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.32% below the market average58.32% below the market average58.32% below the market average58.32% below the market average58.32% below the market average
79.17% below the sector average79.17% below the sector average79.17% below the sector average79.17% below the sector average79.17% below the sector average
Price Trend
87.79% above the market average87.79% above the market average87.79% above the market average87.79% above the market average87.79% above the market average
92.45% above the sector average92.45% above the sector average92.45% above the sector average92.45% above the sector average92.45% above the sector average
Income
18.10% above the market average18.10% above the market average18.10% above the market average18.10% above the market average18.10% above the market average
36.84% below the sector average36.84% below the sector average36.84% below the sector average36.84% below the sector average36.84% below the sector average
Growth
77.53% above the market average77.53% above the market average77.53% above the market average77.53% above the market average77.53% above the market average
96.15% above the sector average96.15% above the sector average96.15% above the sector average96.15% above the sector average96.15% above the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 5
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
  Final Interim
Ex-Div 08-Jul-21 17-Dec-20
Paid 19-Aug-21 21-Jan-21
Amount 1.98¢ 1.82¢

Trades for 28-Sep-2021

Time Volume / Share Price
11:28 621 @ 131.20p
11:27 1,621 @ 131.20p
11:27 74 @ 131.20p
11:27 1,500 @ 131.20p
11:25 153 @ 131.40p

SRE Key Personnel

CEO Andrew Coombs
CFO Alistair Marks

Top of Page