Editing Sirius Real Estate: Update
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== Summary == | == Summary == | ||
* Sirius Real Estate, the FTSE 250 real estate investment company, has made eight material announcements since our last report | * Sirius Real Estate, the FTSE 250 real estate investment company, has made eight material announcements since our last report (on 12th April 2022). | ||
*For us, the key highlight of the announcements is that the company has performed exceptionally well in the six months ended 30th September 2022, growing funds from operations (FFO) by 47% over the period. | *For us, the key highlight of the announcements is that the company has performed exceptionally well in the six months ended 30th September 2022, growing funds from operations (FFO) by 47% over the period. | ||
*Accordingly, we have updated our forecasts, and estimate that the expected return of an investment in Sirius Real Estate over the next 12-months is 57%. In other words, an £100,000 investment in the company is expected to return £157,000 in 12-months time. | *Accordingly, we have updated our forecasts, and estimate that the expected return of an investment in Sirius Real Estate over the next 12-months is 57%. In other words, an £100,000 investment in the company is expected to return £157,000 in 12-months time. |