Completion Of The Acquisition Of Dresden Business Park For €28.6 Million SIRIUS REAL ESTATE LIMITED (Incorporated in Guernsey) Company Number: 46442 Share Code: SRE ISIN Code: ISIN GG00B1W3VF54 27 September 2016 Sirius Real Estate Limited ("Sirius Real Estate" or the "Company") Completion of the acquisition of Dresden Business Park for €28.6 million Sirius Real Estate, the leading operator of branded business parks providing conventional space and flexible workspace in Germany, is pleased to announce the completion of the acquisition of the Dresden business park for €28.6 million (including acquisition costs). The site has 53,200 sqm of gross lettable area of which 45.9% is offices and 39.3% is warehouses and the rest is a structural vacancy with an opportunity for development into further office space. The occupancy upon acquisition is 65.7% across a broad base of 60 tenants paying a total annual rental income of €2.78 million with a weighted average lease length remaining of 3.3 years. It is being acquired on an 8.3% EPRA net initial yield. The acquisition has been initially purchased with equity but will be financed with the new BerlinHyp facility that is expected to be drawn down in October. Andrew Coombs, Chief Executive Officer, said, “This is a good site with the right mix of existing income combined with the potential for us to add our expertise in developing the vacant space to lift occupancy and capital values significantly. We are also making good progress towards completing the acquisition of the Wiesbaden business park currently under notarisation.” Enquiries: Sirius Real Estate +49 (0)30 285010110 Andrew Coombs, CEO Alistair Marks, CFO Peel Hunt +44 (0)20 7418 8900 Capel Irwin Edward Fox Canaccord Genuity Limited +44 (0)20 7523 8000 Bruce Garrow Chris Connors JSE Sponsor: PSG Capital +27 (0)21 887 9602 David Tosi Willie Honeyball Novella +44 (0)20 3151 7008 Tim Robertson Toby Andrews Date: 27/09/2016 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.