Sirius adds four assets to German portfolio

London-listed German property operator Sirius has announced four acquisitions in an upbeat trading statement for the six months to 30 September.

The company has acquired two offices and two business parks around Germany for a total of €38.8m (£34.7m).

The purchases follow July’s €25m equity fundraise. The company also reports a 2% uplift in like-for-like annualised rental income.

The acquisitions bring the company’s portfolio to 51 properties, compared to 43 at the end of H1 2016, with more expected to follow in the second half of this financial year. The company targets