Notice Of Trading Update SIRIUS REAL ESTATE LIMITED (Incorporated in Guernsey) Company Number: 46442 JSE Share Code: SRE LSE (GBP) Share Code: SRE LSE (EUR) Share Code: ESRE LEI: 213800NURUF5W8QSK566 ISIN Code: GG00B1W3VF54 1 April 2020 Sirius Real Estate Limited ("Sirius Real Estate", “Sirius” or the "Company") Notice of Trading Update Sirius Real Estate, the leading operator of branded business parks providing conventional space and flexible workspace in Germany, announces that, following its financial year end on 31 March 2020, it will issue a trading update on Tuesday, 14 April 2020. A conference call for analysts will be held at 09.00 on the day of the trading update. If you wish to dial in, please email: jeremy.carey@tavistock.co.uk for details. For further information: Sirius Real Estate Andrew Coombs, CEO/Alistair Marks, CFO Tel: +49 (0)30 285010110 Tavistock (Financial PR) Jeremy Carey/James Verstringhe Tel: +44 (0)20 7920 3150 Email: siriusrealestate@tavistock.co.uk 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 Johannesburg Stock Exchange. 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. In July 2019, the Company completed the formation of its Titanium real estate investment joint venture with clients represented by AXA Investment Managers - Real Assets. Titanium was formed through the acquisition by AXA IM - Real Assets, on behalf of its clients, from Sirius, of a 65% stake in five business parks across Germany. Sirius will retain the remaining 35% and will act as operator of the assets, on a fee basis. Subject to suitable investment opportunities, AXA IM - Real Assets and Sirius may consider opportunities to grow the JV’s portfolio primarily through the acquisition of larger stabilised business park assets and portfolios of assets with strong tenant profiles and occupancy. 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 JV 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 LEI: 213800NURUF5W8QSK566 JSE Sponsor PSG Capital Date: 01-04-2020 09:00:00 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.