Annual results announced for 2023
Our results demonstrate a resilient financial performance with strong income growth, and we have seen the grocery sector’s strength and resilience driving elevated property investment volumes.
Our results demonstrate a resilient financial performance with strong income growth, and we have seen the grocery sector’s strength and resilience driving elevated property investment volumes.
We are pleased to announce that SUPR has completed a comprehensive debt refinancing.
Tesco has recently celebrated its 500th electric home delivery van, with the 500th going to the Tesco Extra in Sheffield, owned by SUPR.
Tesco becomes one of the first companies globally to set validated science-based targets on all greenhouse gas emissions with the Science Based Targets initiative.
Two interesting items in the grocery space today, firstly Kantar’s latest grocery inflation figures,
Major grocers are buying more of their own stores in a bid to manage the risk of higher rents from high inflation. Demonstrating how essential physical stores are to operators.
We are happy to be ranked by the The Motley Fool with Kevin Godbold stating “REITs strike me as being an attractive way to get involved in property investment.
We are pleased to announce that SUPR has received £116.9m from the sale of its interest in the Sainsbury’s Reversion Portfolio (the “SRP Portfolio”) today as scheduled.
Strong performance from one of our key tenants Sainsbury’s in its Q1 trading update, with grocery sales up 11%.