Sirius Real Estate was one of the best performers in the FTSE 250 index today, after the investment firm announced its latest acquisition.
The company, which invests in business parks in Germany, gained 4.05% to reach 90p a share, a performance only beaten in the index by cinema operator Cineworld, which rose by 4.4%.
Shares in Sirius have risen from a recent low of 48.6p last March, as economies across Europe went into their first lockdowns. They hit a post-lockdown high of 97.6p in late December.
This morning the company confirmed its latest deal, an €80m (£71m) business park bought in a joint venture with AXA IM Alts.
Also riding high was AEW UK REIT. Portfolio manager Laura Elkin said today that the coming months will likely offer “some very attractive investment opportunities, a number of which we are already pursuing”. The company’s shares were up by 7.4% at 85.8p, their highest since last March.
There was another sizeable gain for North West-focused developer One Heritage Group. The company, whose share price trebled last week, posted a further gain of almost 25% to 61p, prompting a second statement from the board to confirm that it saw no specific reason for such a rise.
The FTSE 100 and 250 indices ended the day down 0.8% and 1.2% at 6,638 and 20,350 points, respectively.
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