Sirius Real Estate Ltd (OTCPK:SRRLF)
$ 1.175 0 (0%) Market Cap: 1.68 Bil Enterprise Value: 2.55 Bil PE Ratio: 11.99 PB Ratio: 0.99 GF Score: 60/100

Half Year 2024 Sirius Real Estate Ltd Earnings Call Transcript

Nov 20, 2023 / 09:00AM GMT
Release Date Price: $1.15
Andrew Coombs
Sirius Real Estate Limited - CEO & Executive Director

Good morning, everybody, and welcome to today's presentation of the Sirius Real Estate Group Half Year Results for the period ending September 31, 2023. My name is Andrew Coombs. I'm the Chief Executive Officer of the Sirius Group, and I'm joined this morning by Chris Bowman, who is the Group Chief Financial Officer of Sirius Real Estate.

Together, we will take you through this morning's presentation. However, 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. Maybe we can 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 Germany and the U.K. The group currently operates over EUR 2 billion of property, 85% of which is wholly owned by the Sirius Group. In Germany, we have 69 sites, which are clustered around the edges of the 7 major cities. And in the U

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