Sirius Real Estate Ltd (FRA:EYI)
€ 1.01 -0.01 (-0.98%) Market Cap: 1.53 Bil Enterprise Value: 2.30 Bil PE Ratio: 11.99 PB Ratio: 0.99 GF Score: 58/100

Full Year 2023 Sirius Real Estate Ltd Earnings Call Transcript

Jun 05, 2023 / 07:30AM GMT
Release Date Price: €0.96 (+2.13%)
Andrew Coombs
Sirius Real Estate Limited - CEO & Executive Director

Good morning, everybody, and welcome to today's presentation of the Sirius Real Estate Group's year-end results for the financial year ending 31st of March 2023. My name is Andrew Coombs. I'm the Chief Executive Officer of the Sirius Group, and I'm joined this morning by Alistair Marks, who is the Group Chief Investment Officer and Interim CFO. Together, we will take you through this morni0ng's presentation. And if I could start by reminding you all that Sirius now operates in both the German and U.K. markets, under the brands of Sirius in Germany and BizSpace in the U.K. Please can we start by turning to Page 3 of this morning's presentation.

As you know, we are an on balance sheet, best-in-class owner and operator of mixed-use light industrial business parks on the edge of key towns in both Germany and the U.K. The group currently operates nearly EUR 2.5 billion of real estate, EUR 2.1 billion of which is wholly owned by the group. And as you can see on Page 3, we have a fully integrated operating platform with over 450

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