Sirius Real Estate Seriously Going up to R28.19Ascending Triangle has formed on the weekly.
The price has been heading on higher lows.
The demand has been picking up.
And now we have had a breach above the neckline (resistance).
All signs pointing up.
7>21>200
RSI>50
Target R28.19
ABOUT THE COMPANY
Sirius Real Estate is not a South African company, but rather a leading operator of branded business parks providing conventional space and flexible workspace in Germany.
Sirius Real Estate was established in 2007.
The company is listed on the main market of the London Stock Exchange and the Johannesburg Stock Exchange, so South African investors can directly invest in it.
Sirius operates throughout Germany, targeting the market of small- and medium-sized enterprises (SMEs) within the German workspace sector.
The company offers a range of flexible workspace solutions, including office, storage, manufacturing and logistics spaces.
Sirius operates more than 60 business parks across Germany.
The company implements a "buy, manage, sell" strategy to grow and maintain its portfolio.
Sirius follows an owner-operator business model which allows it to maintain and manage properties directly.
The company is known for acquiring underutilized properties and turning them into profitable business parks.
Sirius also provides additional services such as property management, asset management, and project management.
The company's clients range from large, international companies to local, small businesses.
Sirius has a strong commitment to sustainability, implementing various measures to reduce energy consumption and CO2 emissions in its business parks.
The company's main source of income is from rental income and service charges from tenants.
