Sirius Real Estate strikes Germany deal as it targets €1bn in defence investments
FTSE 250 group to acquire site mostly let to Rheinmetall for almost €100mn
FTSE 250 group to acquire site mostly let to Rheinmetall for almost €100mn

German group’s outspoken boss Armin Papperger wants to ‘catch’ €300bn in European deals by 2030

Swedish buyout group holds preliminary talks with owners Permira and Blackstone

Berlin also plans to spend €35bn on military space capabilities by 2030

Industry executives say key aim is to secure European funding as well as contracts with governments

US companies are seeking to use their technological expertise to benefit from rising defence spending in the region

German company’s shares under pressure over profitability concerns and questions about the future of warfare