Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Says Fitch Ratings reaffirms its BBB investment grade credit rating, with ‘stable outlook’. Says Fitch highlights the resilience of its high-yielding portfolio, operating platform and refurbishment capital expenditure strategies in driving consistent rental income.

‘Retaining our investment-grade rating against a backdrop of ongoing market uncertainty is testament to the resilience of our portfolio, the strength of our operating platform and the value of our asset management model,’ Sirius Chief Financial Officer Chris Bowman says.

Current stock price in London: 81.60 pence, up 0.1% on Tuesday morning

12-month change: up 20%

Current stock price in Johannesburg: R 19.06, up 1.8%

12-month change: up 34%

Copyright 2023 Alliance News Ltd. All Rights Reserved.