Sirius Real Estate boosted by higher rents
18th Jun 2012 07:31
German business park operator Sirius Real Estate came in slightly ahead of estimates after boosting rents on its properties and keeping tenants for longer. Total income for the year was flat at €45.7m with adjusted earnings before tax coming in at €2.9m. Occupancy increased to 78% from 76% the yea
Read moreSmall caps round-up: Sirius Real Estate, Real Estate Credit, Motive
13th Apr 2012 08:32
Property firm Sirius Real Estate traded in line with management's expectations in the financial year just ended. Rental income is expected to have increased to €45.2m from €43.6m (after excluding €1.9m of surrender premiums) the year before, driven primarily by higher average rate per square metre o
Read moreUK SMALLCAP ROUNDUP: KCOM Reaches Pension Deal With Trustees
16th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps KCOM GROUP PLC (KCOM.LN), a telecommunications firm, said Friday it has agreed to make pension deficit repayments worth GBP21 million over the next three
Read moreUK SMALLCAP ROUNDUP: Vernalis Seeking New Drugs After Setback
16th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps VERNALIS PLC (VER.LN), a drug developer, Friday said it is searching for new drugs to add to its portfolio following the end of one of its most advanced
Read moreUK SMALLCAP ROUNDUP: Healthcare Locums Buys 3 Staffing Firms
16th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HEALTHCARE LOCUMS PLC (HLO.LN) said Friday it has agreed to buy three specialist nursing and healthcare staffing businesses and has raised GBP11 million
Read moreWeiss Asset Mgmt Calls For Board Changes At Sirius Real Estate
16th Jul 2010 07:59
LONDON (Dow Jones)--A major shareholder in property investor Sirius Real Estate Ltd. (SRE.LN) Friday wrote to other stakeholders, urging them to back its proposed changes to the board at an upcoming extraordinary general meeting. Weiss Asset Management, whose managed funds currently own around 2
Read moreSirius Real Estate: Brian Myerson Resigns From Board
15th Jul 2010 14:48
LONDON (Dow Jones)--Sirius Real Estate Ltd (SRE.LN), said Thursday that Brian Myerson has resigned from the board of the company with immediate effect. MAIN FACTS: -The resignation follows the publication of a statement on July 14, by the Panel on Takeovers and Mergers regarding Brian Myerso
Read more2nd UPDATE: UK Regulator Bans 3 From Deals For Breaking Rules
14th Jul 2010 18:22
(Adds comment.) By Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s Takeover Panel, in charge of overseeing company mergers and acquisitions, Wednesday banned three men from getting involved in any merger deals for three years after finding they broke market rules whi
Read moreWeiss urges Myerson to step down from Sirius
14th Jul 2010 17:49
Weiss Asset Management has urged Bryan Myerson to step down as a director of AIM-quoted Sirius Real Estate Ltd following the criticism of him by the Takeover Panel. This comes little more than two weeks before an EGM requisitioned by Weiss to unseat two Sirius board directors, Dick Kingston and Wal
Read moreWeiss Asset Mngmnt Statement Re: Brian Myerson
14th Jul 2010 17:39
TIDMSRE RNS Number : 3661P Weiss Asset Management LP 14 July 2010 14 July 2010 An Open Letter to the Shareholders and Board of Directors of Sirius Real Estate Limited Weiss notes today's decision by the Takeover Panel against Mr. Brian Myerson, a non-Executive Director of Sirius Real Estate Limite
Read moreSirius Real Estate Sets Requisitioned EGM, Says Reject Proposals
12th Jul 2010 07:28
LONDON (Dow Jones)--Sirius Real Estate Ltd. (SRE.LN), property investment company focused on business parks, offices and industrial complexes across Germany, said Monday it has posted a circular to shareholders in relation to the requisitioned EGM announced June 21, and recommends shareholders vote
Read moreSirius Real Estate Gets Requisition Notice From Weiss Asset
21st Jun 2010 17:13
LONDON (Dow Jones)--Sirius Real Estate Ltd (SRE.LN), said Monday that on June 18, it received notice from Weiss Asset Management LP, being the registered holder of 60,133,124 shares in the company, 20.7% of those in issue, of a requisition of an extraordinary general meeting of the company. MAIN
Read moreSirius Real Estate FY Pretax loss EUR31.7M Vs Loss EUR51.4M
8th Jun 2010 08:11
LONDON (Dow Jones)--Sirius Real Estate Limited (SRE.LN), a real estate company with a portfolio of 38 large mixed-use commercial sites in Germany, said Tuesday that for the year ended March 31, it made a pretax loss of EUR31.7 million on gross Rental Income of EUR44.0 million. MAIN FACTS: -P
Read moreSirius trading in line
7th Apr 2010 07:47
Germany based Sirius Real Estate said it expects results for the year to 31 March 2010 to be in line with market expectations with market conditions remaining broadly stable. "The German SME sector is showing a resilience which has translated into steady levels of demand," said Sirius. Since the
Read moreSmall caps round-up: Landore Resources, TXO, Aortech...
3rd Dec 2009 08:49
Shares in Landore Resources jumped after the Canadian miner said it made a 'significant gold discovery' in its Junior Lake property in the province of Ontario. Shares in Texas-focused oil and gas firm TXO slumped after it said oil production in the six months to September 30 fell to 13,221 barrels
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