Supermarket Income REIT has BBB+ rating reaffirmed by Fitch

Fitch has reaffirmed Supermarket Income REIT PLC's (LSE:SUPR, OTC:SUPIF) BBB+ credit rating with a stable outlook, citing the defensive qualities of its grocery-led property portfolio. The agency highlighted the trust’s long leases, inflation-linked rent reviews and the role of its UK and French superstores as last-mile fulfilment hubs for major grocers. Fitch noted tenant concentration remains high but said recent expansion into Carrefour sites broadens the base. Read the full report.