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Sirius notarises a business park in Norderstedt, Hamburg

Sirius Real Estate has notarised the acquisition of a business park in Norderstedt, just north of central Hamburg, for a total of €9.1 million (including acquisition costs), reflecting an EPRA net initial yield of 7.6%. The acquisition will be funded using existing cash resources of approximately €127.0 million, €108.5 million…[…]