SUPR's portfolio grows with Morrisons acquisition



SUPR is very pleased to announce the £14.3 million purchase of a Morrisons store in Telford, Shropshire, reflecting a net initial yield of 5%. The acquisition represents a rare opportunity to purchase a modern Morrisons site providing long dated, RPI linked income.


Telford is the second fastest growing town in the UK with the population forecast to grow to 198,000 by 2030, currently 178,000. The store is set at the centre of the growing residential community in Lawley Village.


SUPR has also enhanced its relationship with Bayerische Landesbank with a £34.8 million increase and term extension to its funding facilities.


More information is available 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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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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