Sirius Real Estate Management

Management criteria checks 4/4

Sirius Real Estate's CEO is Andrew Coombs, appointed in Jan 2012, has a tenure of 12.83 years. total yearly compensation is €2.50M, comprised of 24.4% salary and 75.6% bonuses, including company stock and options. directly owns 0.77% of the company’s shares, worth £10.03M. The average tenure of the management team and the board of directors is 3.8 years and 4.4 years respectively.

Key information

Andrew Coombs

Chief executive officer

€2.5m

Total compensation

CEO salary percentage	24.4%
CEO tenure	12.8yrs
CEO ownership	0.8%
Management average tenure	3.8yrs
Board average tenure	4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andrew Coombs's remuneration changed compared to Sirius Real Estate's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€132m
Jun 30 2024	n/a	n/a	€120m
Mar 31 2024	€2m	€610k	€108m
Dec 31 2023	n/a	n/a	€75m
Sep 30 2023	n/a	n/a	€41m
Jun 30 2023	n/a	n/a	€60m
Mar 31 2023	€2m	€572k	€80m
Dec 31 2022	n/a	n/a	€115m
Sep 30 2022	n/a	n/a	€150m
Jun 30 2022	n/a	n/a	€149m
Mar 31 2022	€3m	€572k	€148m
Dec 31 2021	n/a	n/a	€153m
Sep 30 2021	n/a	n/a	€159m
Jun 30 2021	n/a	n/a	€153m
Mar 31 2021	€3m	€502k	€147m
Dec 31 2020	n/a	n/a	€116m
Sep 30 2020	n/a	n/a	€84m
Jun 30 2020	n/a	n/a	€91m
Mar 31 2020	€969k	€456k	€98m
Dec 31 2019	n/a	n/a	€113m
Sep 30 2019	n/a	n/a	€128m
Jun 30 2019	n/a	n/a	€129m
Mar 31 2019	€7m	€472k	€129m
Dec 31 2018	n/a	n/a	€115m
Sep 30 2018	n/a	n/a	€101m
Jun 30 2018	n/a	n/a	€91m
Mar 31 2018	€989k	€456k	€81m

Compensation vs Market: Andrew's total compensation ($USD2.62M) is about average for companies of similar size in the UK market ($USD2.19M).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.

CEO

Andrew Coombs (59 yo)

12.8yrs

Tenure

€2,499,734

Compensation

Mr. Andrew James Coombs serves as Interim Chief Executive Officer of Bizspace Limited since March 1, 2022. He has been the Chief Executive Officer at Sirius Facilities GmbH since December 2009. He joined t...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew Coombs	CEO & Executive Director	12.8yrs	€2.50m	0.77% £ 10.0m
Chris Bowman	CFO & Director	1.3yrs	€1.23m	0.0055% £ 71.4k
Rüdiger Swoboda	MD & COO	3.7yrs	no data	0.13% £ 1.7m
Tariq Khader	Finance Director & Chief Investment Officer	no data	no data	0.010% £ 129.7k
Tim Robertson	Investor Relations Contact	no data	no data	no data
Kremena Wissel	Chief Marketing & Impact Officer	3.8yrs	no data	0.089% £ 1.2m
Annemie Ress	Group Human Resources Director	no data	no data	0.0029% £ 37.9k
Tobias Schorstadt	Acquisitions Director	no data	no data	0.011% £ 148.9k
Craig Hoskins	Asset Management Director	no data	no data	0.036% £ 470.3k
Anthony Gallagher	Group Company Secretary	4.5yrs	no data	0.0055% £ 71.3k
Andreas Schlesinger	Contracts	no data	no data	0.013% £ 162.7k
Burkhard Honsek	Finance Director	no data	no data	0.0055% £ 71.6k

3.8yrs

Average Tenure

48yo

Average Age

Experienced Management: SREL's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Coombs	CEO & Executive Director	10.5yrs	€2.50m	0.77% £ 10.0m
Chris Bowman	CFO & Director	1.3yrs	€1.23m	0.0055% £ 71.4k
Daniel Kitchen	Independent Non-Executive Chairman	6.2yrs	€239.14k	0.015% £ 188.2k
Joanne Kenrick	Independent Non-Executive Director	3.2yrs	€81.51k	no data
Mark Cherry	Independent Non-Executive Director	5.4yrs	€69.92k	0.0018% £ 22.8k
Caroline Britton	Senior Independent Director	4.4yrs	€93.09k	no data
Kelly Cleveland	Independent Non-Executive Director	4.4yrs	€69.92k	0.0015% £ 19.7k

4.4yrs

Average Tenure

59yo

Average Age

Experienced Board: SREL's board of directors are considered experienced (4.4 years average tenure).

Sirius Real Estate Management

Management criteria checks 4/4

Key information

Recent management updates

Sirius Real Estate Limited Announces Board and Committee Changes

CEO & Executive Director recently sold UK£451k worth of stock

Sirius Real Estate Limited Appoints Chris Bowman as a Director

Insufficient new directors

Interim CFO recently sold UK£849k worth of stock

Independent Non-Executive Chairman recently bought UK£50k worth of stock

Recent updates

Sirius Real Estate Limited Declares Cash Dividend for the Six-Month Period Ended 30 September 2024, Payable on 23 January 2025

Sirius Real Estate Limited to Report First Half, 2025 Results on Nov 18, 2024

Sirius Real Estate Limited has completed a Follow-on Equity Offering in the amount of £152.499999 million.

Sirius Real Estate Limited Declares Dividend for the Six-Month Period Ended March 31, 2024, Payable on July 25, 2024

Sirius Real Estate Limited Announces Board and Committee Changes

Sirius Real Estate Limited to Report Fiscal Year 2024 Results on Jun 03, 2024

Sirius Real Estate Limited (LSE:SRE) acquired Two business parks in Köln (Cologne) and in Göppingen for €40 million.

Upcoming dividend of €0.03 per share at 5.6% yield

New minor risk - Shareholder dilution

First half 2024 earnings released: EPS: €0.027 (vs €0.06 in 1H 2023)

Sirius Real Estate Limited has filed a Follow-on Equity Offering in the amount of £145 million.

New minor risk - Earnings quality

Sirius Real Estate Limited Declares Dividend for the Six-Month Period Ended 30 September 2023, Payable on 25 January 2024

Sirius Real Estate Limited to Report First Half, 2024 Results on Nov 20, 2023

An unknown buyer acquired Business Park in Kassel from Sirius Real Estate Limited (LSE:SRE) for €7.3 million.

CEO & Executive Director recently sold UK£451k worth of stock

Sirius Real Estate Limited Appoints Chris Bowman as a Director

Upcoming dividend of €0.03 per share at 5.9% yield

Insufficient new directors

Sirius Real Estate Limited Announces Dividend for the Second Six Months Ended March 31, 2023, Payable on August 17, 2023

Full year 2023 earnings released: EPS: €0.068 (vs €0.14 in FY 2022)

Sirius Real Estate Limited Expects Total Dividend for the Full Year Ended 31 March 2023

Interim CFO recently sold UK£849k worth of stock

Upcoming dividend of €0.027 per share

First half 2023 earnings released: EPS: €0.06 (vs €0.064 in 1H 2022)

Sirius Real Estate, Proposes Dividend for the Six-Months Period Ended 30 September

Sirius Real Estate Limited to Report Q2, 2023 Results on Nov 21, 2022

Independent Non-Executive Chairman recently bought UK£50k worth of stock

Sirius Real Estate Limited Announces CFO Changes

High number of new directors

An unknown buyer completed the acquisition of BizSpace business park in Camberwell, London from Sirius Real Estate Limited (LSE:SRE).

Upcoming dividend of €0.024 per share

Full year 2022 earnings released: EPS: €0.14 (vs €0.14 in FY 2021)

Sirius Real Estate Limited Announces Dividend for the Second Six Months of the Financial Year Ended 31 March 2022, Payable on August 18, 2022

Sirius Real Estate Limited Provides Dividend Guidance for the Full Year Ending March 31, 2022

An unknown buyer agreed to acquire BizSpace business park in Camberwell, London from Sirius Real Estate Limited (LSE:SRE) for £16 million.

High number of new directors

Sirius Real Estate Limited to Report Fiscal Year 2022 Results on Jun 13, 2022

High number of new directors

High number of new directors

BizSpace Announces Chief Executive Officer Changes

Sirius Real Estate Limited Appoints Alistair Marks as Chief Investment Officer

CEO & Executive Director recently bought UK£68k worth of stock

Upcoming dividend of €0.02 per share

CEO & Executive Director recently bought UK£136k worth of stock

Sirius Real Estate Limited (LSE:SRE) acquired NECKARTENZLINGEN Business Park from Hirschmann Electronics GmbH, and Logwin Holding Immo Aschaffenburg GmbH for €34.5 million.

CEO & Executive Director recently bought UK£1.1m worth of stock

First half 2022 earnings released: EPS €0.064 (vs €0.055 in 1H 2021)

High number of new directors

Sirius Real Estate Limited (LSE:SRE) acquired Four Business Park Assets in Oberhausen, Frankfurt, Heiligenhaus and Öhringen for €84.8 million.

High number of new directors

CEO & Executive Director recently sold UK£2.0m worth of stock

Upcoming dividend of €0.02 per share

CFO & Executive Director recently sold UK£991k worth of stock

Full year 2021 earnings released: EPS €0.14 (vs €0.095 in FY 2020)

Sirius Real Estate Limited Promotes Kremena Wissel as Chief Marketing and Impact Officer

CEO & Executive Director recently sold UK£408k worth of stock

CEO & Executive Director recently bought UK£2.7m worth of stock

CEO & Executive Director recently bought UK£2.7m worth of stock

Sirius Real Estate Limited (LSE:SRE) and AXA Investment Managers acquired Sigma Technopark in Augsburg from Corestate Opportunity Deutschland I, managed by CORESTATE Capital Holding S.A. (XTRA:CCAP), for €80 million.

Sirius Real Estate Limited (LSE:SRE) acquired Norderstedt Business Park in Hamburg for €9.1 million.

New 90-day high: UK£0.95

CEO & Executive Director recently sold UK£2.4m worth of stock

Upcoming Dividend of €0.018 Per Share

CFO & Executive Director recently sold UK£360k worth of stock

New 90-day high: UK£0.91

Sirius Real Estate Limited to Report First Half, 2021 Results on Nov 23, 2020

CEO Compensation Analysis

CEO