Sirius Sirius Real Estate

We are an owner and operator of branded business parks, providing flexible workspace in Germany and the UK.  

Listed on the London and Johannesburg Stock Exchanges, our property portfolio is valued at over €2.9 billion. Supporting more than 11,000 tenants in Germany and the UK, we provide a diverse range of conventional and flexible workspaces that enable businesses to thrive.

We derive value through the execution of a stringent acquisitions process followed by selective capital investment and the rollout of an intensive asset management plan focused on income durability, cost discipline and improving visibility of leasing outcomes across economic cycles, including the transformation of vacant and sub-optimal space into higher-quality conventional and flexible workspace. When assets have been fully transformed, they are either held for their stable income or sold, with the proceeds recycled into opportunistic assets with value-add potential.

This strategy is underpinned by our purpose to create and manage optimal workspaces that empower businesses of all sizes to grow, evolve and thrive. We seek to unlock the potential of our people, our properties and the communities in which we operate so that, together, we can create sustainable impact and long term financial and social value.


Sirius in Germany

Sirius owns 78 business parks in Germany, all operating under the Sirius brand, comprising 2.1m sqm of lettable space and generating €165.2m of rent roll. In addition, the Group holds a 35% interest in seven additional properties, through its Titanium venture with clients of BNP Paribas Asset Management Alts (formerly AXA IM Alts). The value of owned investment property in Germany at 31 March 2026 was €2.2 billion whilst the gross value of the Titanium venture, of which Sirius owns 35%, was €0.4 billion.

Germany represents the Group’s largest and most established market, characterised by a diversified, multi-let portfolio and a proven in-house operating platform supporting resilient income generation and disciplined capital deployment.

Rent roll by location

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Rent roll by asset type

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Our sites

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    Traditional business parks

    Our traditional business parks typically feature multiple mixed-use buildings and over 30,000 sqm of workspace. They offer a range of different workspace options, ranging from conventional large-scale industrial, storage and office spaces to smaller sized and flexible self-storage, office and conference room options. The parks are frequently home to large blue-chip tenants, alongside a significant number of SME and individual tenants, supporting income durability through tenant and lease diversification.

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    Modern business parks

    Our modern business parks often comprise expansive sites of over 20,000 sqm, featuring a blend of warehouses and office buildings. These parks are known for their superior quality comprising typically SMEs and individual tenants. Their scale, adaptability and operational efficiency support stable occupancy and predictable cash flows.

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    Office buildings

    Our office buildings are typically well located on the periphery of major economic centres and offer both conventional and flexible office space for SMEs and larger corporates seeking a cost-effective alternative to city-centre locations. Our office buildings provide high-quality space that can be quickly adapted to meet the changing needs and working practices of our tenants. This positioning supports affordability for occupiers while maintaining attractive income quality for the Group.



Sirius in the UK

Sirius owns 76 sites throughout the UK, all of which operate under the BizSpace brand. These sites comprise 8.2m sq ft (0.8m sqm) of lettable space, generating £81.1m (€93.4m) of rent roll, offering light industrial, workshop, studio, storage and office units to a wide range of businesses, providing a blend of flexible agreements and longer-term leases. The value of owned investment property in the UK at 31 March 2026 was £0.7 billion (€0.8 billion). The UK portfolio provides diversified income exposure across regions and tenant types, supported by an established operating platform focused on leasing execution, affordability and income quality.

Rent roll by location

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Rent roll by asset type

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Our sites

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    Industrial

    BizSpace provides a range of unfurnished workshops and small industrial units for businesses needing space for light industrial work such as manufacturing, repairing and packing, or warehouse space to store stock. Our industrial spaces range from private, self-contained workshops to managed workshop units where tenants have access to shared amenities. These formats support repeatable demand and flexible tenure, contributing to stable occupancy over time.

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    Office buildings

    We cater to the office needs of small and growing SMEs, ranging from small units of 80–120 sq ft which are ideal for two to three people, to larger units of over 800–9,000 sq ft for companies with 20–200 people. Most units are offered on flexible and conventional lease terms, providing cost-effective alternatives to higher-priced city-centre locations. Several sites also contain fully furnished serviced offices where tenants are charged an all-inclusive monthly bill which includes Wi-Fi, utilities, cleaning and reception staff. We also have a few co-working spaces.

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    Mixed use

    These sites are typically converted mills or factories which have been modernised and repositioned to provide flexible workspace accommodation and have a combination of unfurnished workshop and office space. Their mixed-use configuration allows space to be adapted as tenant requirements evolve, supporting leasing resilience.

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