Acquisition

Dawnay, Day Sirius
13 August 2007



Dawnay, Day Sirius Limited has agreed to acquire five German business parks for
                                 €102.9 million





Dawnay, Day Sirius Limited (the 'Company'), the real estate company established
to acquire large mixed-use commercial real estate in Germany for upgrading to
flexible workspaces, is pleased to announce that it has agreed to acquire five
freehold business parks for a combined total of €102.9 million. The acquisitions
provide an average net initial yield of 7.66%, off passing rents ranging from
€2.36 m2 to €4.92 m2, at an average capital value of €475.4 m2.


The Company has now invested €336.1 million, representing approximately half of
investible funds, since its admission to AIM in May 2007.


In line with the Company's strategy, the five sites being acquired are well
suited for rebranding under the distinctive Sirius branding and upgrading into
modern flexible workspaces to be leased predominantly to small and medium sized
enterprises (SMEs). With all five sites, the Company intends, where appropriate,
to upgrade and sub-divide vacant space into smaller units to meet local tenant
demand from SME's for light industrial and office space. The Company believes
the benefit of modernising and transforming these sites will be reflected in an
uplift in rental and capital values.


Neuaubing


Acquisition of a business park located in Neuaubing for €51 million, located
west of the Munich city centre. Munich is the capital and the regional centre of
the federal state of Bavaria and is one of Germany's largest economic regions.
The site consists of offices, production and warehouse facilities and open
storage spaces with a total lettable area of 97,700 m2. There is approximately
27,290 m2 of vacant space.


The occupancy rate is currently 72% and tenants include GKN Aerospace GmbH. The
net rental income is approximately €3.58 million with a net initial yield of
7.02%.


Nabern


Acquisition of a business park in Nabern for €32 million, which is located 25km
from Stuttgart, a major economic region. The site consists of offices,
production and warehouse facilities with a total lettable area of 54,803 m2.
There is approximately 13,914 m2 of vacant space.


Currently the site is 75% occupied with Daimler Chrysler AG as one of the
cornerstone tenants. The net rental income is approximately €2.6 million with a
net initial yield of 7.17%.


Bayreuth


Acquisition of a business park located in Bayreuth for €10.6 million, which
includes a separate development site of 2,466 m2. Bayreuth is a busy economic
region in Northern Bavaria and within easy access of the A9 motorway to Berlin,
Leipzig and Munich. The site consists of offices, production facilities,
warehouses and open storage spaces with a total lettable space of 21,825 m2.
There is approximately 4,696 m2 of vacant warehouse, office and ancillary space.


The occupancy rate is currently 78% and tenants include Grundig Business Systems
GmbH and BAT. The net rental income is approximately €0.72 million with a net
initial yield of 6.82%.


Wuppertal


Acquisition of a business park located in Wuppertal for €5.1 million, which
consists of offices, production facilities, warehouses and storage spaces with a
total lettable space of 13,856 m2. Wuppertal is a major industrial centre with
strengths in specific industries such as health care, automotive, chemicals,
metallurgy and healthcare.


The current occupancy rate is 78.17% and tenants include Lambda GmbH and Delta
Industrietechnik GmbH. There is approximately 3,025 m2 of vacant space. The net
rental income is approximately €0.42 million with a net initial yield of 8.25%.


Solingen


Acquisition of a business park located in Solingen for €4.2 million, which
consists of production facilities, offices and residential houses with a total
lettable space of 14,441 m2. Solingen is located in the Ruhr which is one of the
largest industrial areas of Germany. The site is located in the triangle between
Dusseldorf, Cologne/Bonn and Wuppertal and provides easy access to the motorway.


The current occupancy rate is 98.62% and the site has a single anchor tenant,
Bogra Technologies. Net rental income is approximately €0.38m with a net initial
yield of 9.02%.



Completion of the acquisitions will take place following satisfaction of
standard administrative conditions.


Kevin Oppenheim of the Asset Manager said:


'These five acquisitions are strong additions to our portfolio and are in line
with our strategy. Each site provides an excellent opportunity to be re-branded
and modernised into vibrant business parks to attract new SME tenants, as well
as to meet demand for new facilities from existing tenants. We believe the
Company has made significant progress since its IPO in May 2007 having now
invested €336.1 million and based on the Company's strong pipeline of further
acquisitions, we are confident of establishing an excellent portfolio within the
timeframe set at the time of the IPO.'


Further Enquiries


Sirius Facilities Group 
Kevin Oppenheim 020 7861 0550
Alistair Marks
www.dawnaydaysirius.com 

JPMorgan Cazenove 
Robert Fowlds 020 7588 2828
Bronson Albery

KBC Peel Hunt 
Capel Irwin 020 7418 8900

Cardew Group 
Tim Robertson 020 7930 0777 M: 07900 927 650
Shan Shan Willenbrock
Catherine Maitland






Notes to Editors


The Company was admitted to AIM ('Admission') in May 2007 with an initial market
capitalisation of €300 million. Following Admission, in June 2007, the Company
acquired 20 properties in Germany with a combined lettable space totalling c.
390,000 m2, independently valued by DTZ at €206 million ('the Initial
Portfolio'). The Company announced its intention to acquire the Initial
Portfolio at the time of its Admission. In July 2007, a further two sites in
Germany were acquired for €26.15 million.










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