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Sirius Real Estate raises £35M from 'significantly oversubscribed' placement

Sirius Real Estate Ltd. raised about £35 million from a "significantly oversubscribed" placement of 58,333,333 ordinary shares at 60 pence apiece.

The diversified property company earlier said it will use the proceeds to fund acquisitions.

Berenberg, Peel Hunt and PSG Capital were the joint book runners.