We are an owner and operator of branded business parks, industrial complexes and out of town offices in Germany and the UK.
These sites are home to tenants ranging from large multinational corporations to smaller SMEs and individual customers. We create value through a thorough process of acquiring assets, strategically investing capital, and implementing a comprehensive asset management plan. This process aims to transform empty or underutilised spaces into high-quality traditional and flexible workspaces. When assets have been fully transformed, they are either held for their stable income or sold.
Sirius in Germany
Sirius owns 68 business parks in Germany, comprising 1.8 million sqm of lettable space. We manage one and hold a 35% interest in seven additional properties through our Titanium joint venture with AXA IM Alts. The value of owned property in Germany was €1.7 billion as of 31 March 2024.
Portfolio split by revenue
Our sites in Germany
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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 variety of different workspace options, ranging from conventional large-scale offices, storage and industrial spaces to smaller-sized and flexible self-storage, office and conference room options. -
Modern business parks
Our modern business parks often comprise expansive sites of over 20,000 sqm, featuring a blend of warehouses and office buildings. Tenants are typically SMEs and individual tenants.
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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 to 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 of our tenants.
Revenue split by location
Sirius in the UK
Sirius operates 74 sites throughout the UK, comprising 4.3 million sq ft (0.4 million sqm) of lettable space, generating £55.6 million (€65 million) of annualised rent roll. All our UK sites operate under the BizSpace brand, which was acquired in November 2021. BizSpace offers light industrial, workshop, studio and office units to a wide range of businesses offering a blend of flexible agreements and longer-term leases.
Portfolio split by revenue
Our sites in the UK
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Industrial
Our industrial spaces range from private, self-contained workshops to managed workshop units where tenants have access to shared amenities. All units are unfurnished and sold on a sq ft basis.
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Office buildings
The majority of our office units are sold unfurnished and on a square foot basis, but a number of our 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 number of co-working spaces.
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Mixed use
BizSpace’s mixed sites have a combination of workshop space and office space on site. These sites are typically converted mills or factories which have been modernised and repositioned to provide flexible workspace accommodation. All units are sold unfurnished on a square foot basis with the tenant having the flexibility to choose between a lease or a licence.