Sirius Real Estate Ltd (JSE:SRE)
R 19.88 -0.25 (-1.24%) Market Cap: 29.26 Bil Enterprise Value: 43.91 Bil PE Ratio: 11.75 PB Ratio: 0.98 GF Score: 78/100

Full Year 2021 Sirius Real Estate Ltd Trading Statement Call Transcript

Apr 12, 2021 / 06:30AM GMT
Release Date Price: R18.61 (-0.37%)
Operator

Good day, and welcome to the Sirius Real Estate Plc trading update conference call. At this time, I would like to turn the conference over to Andrew Coombs, Chief Executive Officer. Please go ahead, sir.

Andrew Coombs
Sirius Real Estate Limited - CEO & Executive Director

Good morning, everybody, and thank you very much indeed for taking the time to attend this morning's call, which is the Sirius Real Estate trading update for the year to 31st of March 2021. I'm joined this morning by Alistair Marks, our Chief Financial Officer; and our group Financial Director, Diarmuid Kelly. Maybe I can start by just going through a few highlights of the trading update, and then we'll be able to answer any questions you may have.

So as you may have seen from the notes, we have grown our rent roll by 7.6% in this year that we're reporting on. In like-for-like terms, that is rent roll growth of just above 5%, 5.2% growth. This is the seventh consecutive year that the company has grown its rent roll by 5% or more. We have done that in part by increasing our pricing

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