Sirius specialises in the ownership, development and operations of business parks throughout Germany. What makes Sirius different is its best-in-class operating platform and intensive asset management programme. Combining the Sirius property portfolio together with our unique operating platform gives us a range of advantages in the market which enable the delivery of strong and consistent returns for shareholders.
Sirius harnesses its in-house asset and property management platform through a stringent acquisitions process. This is followed by an intensive capital investment and asset management plan which focuses on transforming vacant and sub-optimal space into high-quality conventional and flexible workspace.
The Sirius operating platform offers a number of benefits including, direct sourcing of new asset acquisition opportunities, reduced reliance on commercial agents and local brokers, higher cost recovery, greater lead generation and more efficient new tenant acquisition, increased optionality in terms of space configuration as well as enhanced control, focus and speed in developing space. Taken as a whole this means lower risk and higher returns.
KEY DRIVERS OF THE SIRIUS OPERATING PLATFORM
We enhance rental and capital value through active portfolio management, which can be split into four key stages:
When assets have been fully transformed some are held for their stable income and some are recycled into opportunistic assets with value-add potential. The type of asset that we acquire and develop to unlock potential can be divided into three categories:
Traditional industrial business parks
Typically large production sites built many years ago by owner/occupiers and developed for their specific needs.
Modern mixed-use business parks
Typically higher quality office, service and warehouse properties built for multi-tenants in the 1980s and 1990s.
Typically good quality office buildings in secondary or tertiary locations near the big seven major office markets in Germany.