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'Rapid growth' of Supermarket Income REIT continues after £45mln raise and acquisition

Supermarket Income Reit PLC's (LSE:SUPR) co-founders Steve Windsor and Ben Green updates Proactive London's Andrew Scott on their £45mln equity raise in March and subsequent acquisition of a Tesco Extra supermarket in Mansfield, Nottinghamshire.

Other big news from the company is the recent appointment of former Sainsbury’s boss Justin King as a senior advisor.

King served as CEO of Sainsbury's for 10 years until 2014.

Quick facts: Supermarket Income REIT PLC

Price: 109.5 GBX

LSE:SUPR
Market: LSE
Market Cap: £369.97 m
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Supermarket Income REIT reports 'another period of solid performance'

Supermarket Income REIT plc (LON:SUPR) Natalie Markham and Steve Windsor update Proactive London on its first half performance. It generated a 7% total return for its shareholders in the six months to the end of December. Total net assets at the end of December stood at £328mln, up 42%...

on 6/2/20

2 min read