Acquisition

Dawnay, Day Sirius
11 March 2008



Dawnay, Day Sirius Limited has acquired two business parks for a total of €37
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 acquired two freehold
business parks located in Offenbach and North Berlin for a combined total of €37
million, to be satisfied by cash from existing resources. The Company believes
both acquisitions will be earnings enhancing, and represent an opportunity to
increase NAV capital growth through further development and transformation of
the sites.

In line with the Company's strategy, both sites are well suited for rebranding,
development and upgrading into modern flexible workspaces to be leased
predominantly to small and medium sized enterprises (SMEs). The Company believes
the benefit of modernising and transforming these sites will be reflected in an
uplift in rental and capital values.

BorsigWerke

BorsigWerke, acquired for €28 million, is located in a large economic region in
the north of Berlin. BorsigWerke is formerly the headquarters for Borsig, one of
the largest industrial companies in Germany. The site consists of offices,
production facilities and warehouses with total lettable space of 73,123 m2. The
occupancy rate is 90%, with more than 20 tenants in the metalworking, energy
supply, electrical and service industries. The largest tenants are Borsig and
MAN. The net rental income is approximately €2.67m with a net initial yield of
8.9%.

There is approximately 13,315.84 m2 of vacant land which brings excellent
development potential for the Company. In addition, there is also 7,384 m2 of
vacant warehouse and office space which provides the Company with the
opportunity to sub-divide and transform the space into smaller, modern units to
attract new predominantly SME tenants, thereby generating additional rental
income.

Sud-Center, Offenbach

Sud-Center business park in Offenbach, acquired for €9 million, is located
within the industrial and business district of Sprendlinger Landstrasse, on the
south-western outskirts of Offenbach. The site consists of offices and warehouse
facilities with a total lettable space of 14,856 m2. There is approximately
1,678 m2 of vacant warehouse and office space which provides the Company with an
opportunity to develop and transform the site to attract new predominantly SME
tenants. This will include sub-dividing the space into flexible workspaces,
installation of a fitness centre and a cafe. The site also has surplus land
which will provide significant future development opportunities.

The occupancy rate is 89% and most of the tenants are in the service industry.
The net rental income is approximately €0.71 million with a net initial yield of
7.4%.

Kevin Oppenheim of the Asset Manager said:

'These acquisitions are in line with our strategy, providing us with an
excellent opportunity to develop the vacant land and transform the existing
space into modern business parks. Both sites are located in established economic
regions with scope to generate uplift in rental values and attract new SME
tenants. The German SME market remains buoyant and we continue to see strong
tenant demand for modern flexible workspaces.'


Further Enquiries

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

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 in May 2007 with an initial market
capitalisation of €300 million. Its strategy is to acquire large mixed use
commercial real estate in Germany suitable for upgrading into flexible
workspaces for leasing to local business on a nationwide basis. Following
admission the Company has acquired 27 properties, including the initial
portfolio, with a combined lettable space of circa 700,000 m2.





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