SUPR acquires first store in Northern Ireland



We are delighted to announce our first acquisition in Northern Ireland, a Sainsbury’s supermarket in Bangor, County Down.


This prominent 10-acre site comprises a modern 44,000 sq ft net sales area supermarket with 650 parking spaces and an 8-pump petrol filling station. The supermarket has been acquired with an unexpired lease term of 15 years.

Ben Green Director of Atrato Capital, Investment Adviser to Supermarket Income REIT said:

“This Sainsbury’s store, which has strong trading fundamentals and attractive lease terms, is a welcome addition to Supermarket Income REIT’s portfolio. This income accretive acquisition is our first in Northern Ireland, adding further geographical diversification to our growing portfolio of UK supermarkets.”


To read more, please see here

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123 Victoria Street, London, SW1E 6DE

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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GOVERNANCE

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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