Sirius Real Estate trims half year losses

German business park operator Sirius Real Estate reduced half year losses as it cut costs and received higher rents from existing and new tenants.

German business park operator Sirius Real Estate reduced half year losses as it cut costs and received higher rents from existing and new tenants.

Net rental income for half year ended September 30th increased to €15m from €12.22m the year before. Loss before tax reduced to €5.53m during the period from €23m the year earlier.

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