Sirius Real Estate Limited (SRE.L), an owner and operator of branded businesses and industrial parks, said on Monday that it expects to deliver its annual results in line with market expectations.
For the 12-month period to March 31, the Group has achieved a 12.8 percent year-on-year increase in rent roll, driven by a combination of strong organic growth and the ongoing asset acquisition program, coupled with continued strong demand for space at the company's business parks.
On a like-for-like basis, rent roll has accelerated since the first half, leading to a total annual year-on-year increase of 6.3 percent, marking the eleventh consecutive year of rent roll growth of over 5 percent.
Sirius will release its annual earnings report on June 2.
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