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Supermarket Income REIT says £200m raise 'continues rapid growth' and marks 'significant milestone'

Supermarket Income REIT's (LON:SUPR) Ben Green and Steve Windsor talk to Proactive London about the £200m raised.

Green explains that once the investment is 'full deployed' the firm will have £1.2b of assets under management, with a market capitalisation of over £700m.

Windsor explains, this raising is the second oversubscribed issuance this year, which they believe shows investors are consistently backing the company.

In addition to acquiring further assets the team are delighted to announce that their first solar initiative is set to start this month at the Tesco store in Thetford.

Quick facts: Supermarket Income REIT PLC

Price: 107.011 GBX

LSE:SUPR
Market: LSE
Market Cap: £712.75 m
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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...

2 days, 2 hours ago

2 min read