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Sirius Real Estate has notarised the acquisition of a defence-supported business park in Fulda, Germany, for EUR 49.8 million. The deal adds to the company’s growing portfolio of business and industrial parks across Germany and the UK. The property is linked to defence sector activity, a segment that has continued to see stable demand amid rising government spending across Europe. The acquisition comes as Sirius Real Estate continues to focus on income-generating assets with long-term occupancy potential and strategic regional importance in Germany’s commercial real estate market.
Sirius Real Estate has completed the notarisation process for the acquisition of a defence-supported business park in Fulda, Germany, for EUR 49.8 million, according to a company update released during the week. Advertisement
The company stated that the transaction relates to a business park supported by defence sector activity in Fulda, a city in central Germany known for its industrial and logistics connectivity. While detailed specifications of the asset were not disclosed, the acquisition is expected to strengthen Sirius Real Estate’s presence in Germany’s regional commercial property market.
The company has been actively expanding its portfolio through acquisitions of business parks, industrial spaces and flexible work assets across Germany and the UK. Its investment strategy has largely focused on income-producing assets with redevelopment or operational improvement potential.
The latest acquisition also reflects growing investor interest in defence-linked and logistics-oriented commercial assets across Europe. Demand for properties associated with defence supply chains and manufacturing support infrastructure has increased over the past few years amid higher military and infrastructure spending across several European countries.
Fulda has emerged as an important regional business location due to its central positioning and transport links connecting major German cities. The city has attracted industrial and commercial occupiers seeking access to logistics corridors and manufacturing networks.
Earlier in recent quarters, Sirius Real Estate had continued to pursue targeted acquisitions aimed at strengthening rental income and occupancy levels within its portfolio. The company has also been focusing on asset management initiatives and operational upgrades across existing properties to improve long-term returns.
The notarisation of the deal marks a key legal step in completing the acquisition process in Germany’s real estate market, where property transactions typically require formal notarised agreements before completion.
Source Reuters
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