leadf
logo-loader
viewSupermarket Income REIT PLC

Supermarket Income REIT sweeps up more Sainsbury's properties in their shopping trolley

Atrato Capital's Steve Noble, Supermarket Income REIT PLC's (LON:SUPR) investment adviser, speaks to Proactive London about their latest shopping spree, this time a slew of properties on which supermarket giant Sainsbury’s trades.

The 25.5% beneficial interest in one of the UK's largest portfolios of supermarket properties has been acquired from an Aviva Investors managed fund through Supermarket Income’s 50:50 joint venture with the British Airways Pension Trustees Limited.

The purchase price is £115.0mln (excluding acquisition costs), of which the London-listed real estate investment trust (REIT) will stump up half.

Quick facts: Supermarket Income REIT PLC

Price: 107.5 GBX

LSE:SUPR
Market: LSE
Market Cap: £716.01 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Supermarket Income REIT PLC named herein, including the promotion by the Company of Supermarket Income REIT PLC in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Supermarket Income REIT reaps the benefits of grocery shopping demand

Supermarket Income REIT's (LON:SUPR) Managing Director Steven Noble, Natalie Markham (CFO) and Haffiz Kala, the Finance Director,  joins Proactive London to discuss their latest performance.  During the last six months, the REIT  has bought 13 supermarket properties worth...

4 days ago

2 min read