Dawnay Day Sirius raises EUR 272m in share issue

Dawnay Day Sirius has raised about EUR 272 mln in a share issue. The company, established by Dawnay Day and Sirius Facilities to acquire mixed-use commercial real estate, has sold 272 million ordinary shares at a price of EUR 1 per share. The market capitalisation based on the offer price will be about EUR 300 mln. Dawnay Day Sirius is planning to use the proceeds of the share issue to acquire a portfolio of assets worth up to EUR 750 mln over the next 12-18 months.

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