Completion Of The Acquisition Of Wiesbaden Business Park For €17.7 Million And New Banking Facility SIRIUS REAL ESTATE LIMITED (Incorporated in Guernsey) Company Number: 46442 Share Code: SRE ISIN Code: ISIN GG00B1W3VF54 1 November 2016 Sirius Real Estate Limited ("Sirius Real Estate" or the "Company") Completion of the acquisition of Wiesbaden Business Park for €17.7 million and New Banking Facility 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 Wiesbaden business park for €17.7 million (including acquisition costs), taking the number of business parks in the Company’s portfolio to 43. The total consideration for the acquisition represents a 9.1% EPRA net initial yield. Currently, the site has 19,602 sqm of gross lettable area of which 65% of this space is occupied with 3 tenants paying a total annual rental income of €1.88 million on leases with an average lease length remaining of 2.7 years. Wiesbaden is one of the core cities in the Frankfurt/Rhine-Main regions and the business park offers primarily good quality office space which in particular fits Sirius’s flexible multi-tenanted workspace strategy. The Company continues to reduce the average cost of its borrowings and is pleased to confirm it has completed a new 7 year €70 million banking facility with BerlinHyp with an all-in fixed interest rate of 1.48% for the term of the loan to replace an existing €39.3 million facility which was incurring an all-in fixed interest of 2.73%. This has further reduced the Company’s weighted average cost of debt to 2.0%. The extra funds from the increased facility are being used in part to fund the previously announced Dresden acquisition as well as the Wiesbaden property. The interest rate achieved is a record low fixed rate for Sirius and highlights the acquisition yield to interest rate opportunity currently available to the Company. Sirius has a further €10 million of equity remaining from the June 2016 equity raise, which it is intending to use to acquire further assets. Andrew Coombs Chief Executive Officer of Sirius Real Estate, said, “We are very pleased to have completed the acquisition of this excellent site and to have agreed this long term low interest new facility with BerlinHyp.” 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 Background to Sirius Real Estate: Established in February 2007, Sirius Real Estate, is the leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company owns and operates a portfolio of 43 business parks which together include over 400 buildings offering over 1.3 million sqm of gross lettable space comprising mainly offices, production areas and storage facilities. Sirius operates out of its head office in Berlin and employs circa 201 people in Germany. In December 2014, Sirius was the first company to gain a secondary listing on Johannesburg Stock Exchange under the fast track process, in addition, to a primary listing on the AIM market of the London Stock Exchange. For more information, please visit: www.sirius-real-estate.com Images of the Sirius property portfolio are available from: https://www.flickr.com/photos/sirius_re/ Date: 01/11/2016 01:15:00 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.