We are delighted to announce we have successfully raised £200 million in an oversubscribed share offering. Thank you to all existing and new shareholders for you support.
Nick Hewson, Chairman said "Demand for this issue has been exceptionally strong, resulting in us doubling the size of the capital raise. We are very grateful to our existing and new investors for their continued support. "With the £180 million of Target Assets already under exclusivity and a robust pipeline of £420 million in potential further acquisitions, we are confident that we will be able to deploy proceeds efficiently into a number of attractive omnichannel supermarkets let to some of the UK's largest supermarket operators to deliver our investors with a stable and growing, inflation-linked income return."
Read more here