Tesco to develop 1,400 homes in London

Updated: Apr 10, 2019

Tesco has teamed up with Weston Homes to create a mixed use development on the site of its 10.4 acre store in Goodmayes, London.. In their statement, Weston revealed that if successful the scheme will include a mix of private and affordable housing as well as a primary school, playground and public open areas.


The current store will remain open whilst the new one is built and is part of Tesco's £1bn development programme to build 4,000 new homes. The development underlines the long term value underpinning these well located grocery stores.


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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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