Mar 01, 2019 / 09:00AM GMT
Julian Smith -
Sirius Real Estate, the leading operator of branded business parks providing conventional and flexible workspace in Germany, has this morning announced a deal, a joint venture, with AXA Investment Management (sic) [AXA Investment Managers] in Germany. Andrew Coombs, Chief Executive of Sirius, is here with me to tell me more about the deal. Andrew, good morning.
Andrew Coombs - Sirius Real Estate Limited - CEO & Executive Director
Good morning, Julian.
Julian Smith -
A very exciting deal announced this morning by Sirius. Tell us more about it.
Andrew Coombs - Sirius Real Estate Limited - CEO & Executive Director
Yes. Absolutely. We are very, very pleased to be entering this joint venture with AXA Investment Managers. It effectively is a joint venture 2/3 owned by AXA, 1/3 owned by Sirius. And in addition to that, Sirius will manage the joint venture and the properties within it. It's very interesting because we have seeded the joint venture with 5 properties coming
Sirius Real Estate Ltd Entering into a Real Estate JV with AXA Investment Managers in Germany - Corporate Call Transcript
Mar 01, 2019
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