JV acquires at further stake in supermarket portfolio



In what has been a busy week, we are delighted to announce our JV with British Airways has acquired a further 25.5% beneficial interest in one of the UK’s largest portfolios of supermarket properties for £115 million excluding costs.


The portfolio consists of 26 Sainsbury's supermarkets, with a London and South East bias.


Nick Hewson, Chairman of Supermarket Income REIT, said:


“This acquisition increases the size of our investment in this high-quality Sainsbury’s property portfolio through our joint venture with British Airways Pension Trustees Limited. We will work closely with our tenant and co-owner, Sainsbury’s, to deliver a long term occupational solution for them.”


To read more, please see here

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Telephone: +44 20 3790 8087,  Email: ir@atratocapital.com

ABOUT

Supermarket Income REIT plc is listed on the London Stock Exchange. SUPR acquires UK supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term inflation-linked income, from institutional grade tenants and the potential for capital growth through active asset management. Atrato Capital is the Company's Investment Adviser.

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Supermarket Income REIT Plc is a proud member of the Association of Investment Companies implementing the principles and recommendations of the AIC’s Code of Corporate Governance.

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