Source - Alliance News

Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Completes the sale of BizSpace Camberwell in London for £16 million. The sale price represents a 94% premium to the value at the time of the company’s acquisition of BizSpace in November. The purchase of BizSpace enabled Sirius to enter the UK market for the first time through the platform acquisition of this provider of regional light industrial, workshop, studio and out-of-town office units.

London stock price: 90.00 pence

12-month change: down 22%

Johannesburg stock price close: R 18.15

12-month change: down 19%

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