SIRIUS REAL ESTATE LIMITED - Director Declaration

Director Declaration

SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54

30 September 2021

                                      Sirius Real Estate Limited

                           ("Sirius Real Estate", "Sirius" or the "Company")

                                         Director Declaration

Sirius Real Estate has been informed today that Joanne Kenrick, a non-executive director of the
Company, has resigned as a non-executive director of Safestore Holdings plc, with effect from 31
October 2021.


For further information:

Sirius Real Estate

Andrew Coombs, CEO / Alistair Marks, CFO

+49 (0) 30 285010110

FTI Consulting (Financial PR)

Richard Sunderland / Claire Turvey / James McEwan / Talia Jessener

+44 (0) 20 3727 1000

SiriusRealEstate@fticonsulting.com

NOTES TO EDITORS

About Sirius Real Estate

Sirius is a property company listed on the main market and premium segment of the London Stock
Exchange and the main board of the JSE Limited. It is a leading operator of branded business parks
providing conventional space and flexible workspace in Germany. The Company's core strategy is the
acquisition of business parks at attractive yields, the integration of these business parks into its
network of sites under the Company's own name as well as offering a range of branded products
within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the
local market, through intensive asset management and investment. The Company's strategy aims to
deliver attractive returns for shareholders by increasing rental income and improving cost recoveries
and capital values, as well as by enhancing those returns through financing its assets on favourable
terms. Once sites are mature and net income and values have been optimised, the Company may take
the opportunity to refinance the sites to release capital for investment in new sites or consider the
disposal of sites in order to recycle equity into assets which present greater opportunity for the asset
management skills of the Company's team.

Sirius also has a venture with clients represented by AXA Investment Managers – Real Assets. Titanium
was formed through the acquisition by AXA Investment Managers – Real Assets, on behalf of its clients,
from Sirius, of a 65% stake in five business parks across Germany. Sirius retained the remaining 35%.
The venture seeks to grow primarily through the acquisition of larger stabilised business park assets
and portfolios of assets with strong tenant profiles and occupancy. As well as its equity interest, Sirius
acts as operator of the assets in the venture, on a fee basis. Sirius will continue to grow its wholly
owned portfolio through acquisitions of more opportunistic assets, where it can capitalise on its asset
management expertise to maximise utilisation of the space, grow occupancy and improve quality of
the tenants. The strategies have been clearly defined so that the venture does not conflict with Sirius's
existing business.
For more information, please visit: www.sirius-real-estate.com

Follow us on LinkedIn at https://www.linkedin.com/company/siriusrealestate/

Follow us on Twitter at @SiriusRE

JSE Sponsor
PSG Capital

Date: 30-09-2021 01:00:00
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