Hawksmoor Investment Management took part in the recent £45m Supermarket REIT equity raise having watched the development of the fund since IPO in 2017.
In a Citywire interview fund managers revealed that the the management team had proved the business model and were attracted by:
The focused investment strategy
The crossover with last mile logistics
The ongoing proactive asset management of the sites
The expected return of tenant Tesco to investment grade
The appointment of ex Sainsbury's CEO Justin King as adviser