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28 May 2012

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Sirius sees pickup in German business park demand

AIM-listed Sirius Real Estate, which owns a E500m portfolio of German business parks, is benefiting from hundreds of small firm set-ups by staff from major companies hit by the global crisis, and expects to move occupancy up to 80% by year-end. Founder and CEO Kevin Oppenheim told PIE he is is optimistic that the surge in demand means the worst of the crisis is over.

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