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Supermarket Income REIT snap up six new acquisitions

Published: 14:53 20 Sep 2021 BST

Supermarket Income REIT PLC (LSE:SUPR)'s (LSE:SUPR) has acquired six supermarkets for a total purchase price of £113.1mln, including Marks & Spencer as a tenant for the first time.

Steven Noble from Atrato Capital explains the rationale behind the purchases which consist of a Tesco in Prescot, two Morrisons in Durham and Cumbria, an Aldi in Oldham and an Aldi and M&S Foodhall site in Liverpool.

He explains how these choices provide geographic and tenant diversification, continuing their strategy to snap up high-quality omnichannel supermarket assets.

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