Atrato 
Supermarket Income REIT (‘SUPR’) has completed its largest acquisition to date, of the British Airways Pension Trustees’ 25.5% stake in the Sainsburys Reversion Portfolio (“SRP”) for £196 million (excluding acquisition costs).
Investors’ expectations appear high ahead of the upcoming trading updates from supermarket giants and key SUPR tenants Tesco and Sainsbury’s, despite ongoing cost-of-living pressures.
William Farrington at Proactive takes a look at the lay of the REIT land at the moment and why now could be a good opportunity for investors.
Year-on-year growth in December was 9.4%, with sales reaching a new Christmas record at £12.8 billion. This growth was primarily driven by inflation, with volumes slightly down by 1%, reflecting cost of living pressures faced by consumers.
Max King at Money Week has taken a look at six investment trusts to buy today after what has been a challenging year for the sector. He highlights the defensive characteristics, with grocery being non-discretionary spend for consumers:
It is great to see that Jon Smith at The Motley Fool has tipped SUPR twice recently, including in his top 8 investment funds for 2023.
An insightful review of the supermarket sector in 2022 and look ahead to 2023 from Font Real Estate’s Tom Edson in React News.
Our tenants at Supermarket Income REIT are committed to sustainability and have ambitious net zero targets, so it is no surprise to see supermarket leaders from the likes of Tesco, Morrisons, Marks and Spencer and the Co-op, calling on the government to prioritise incentives to encourage greater investment in renewables.
Clicks need bricks: A major strength of the omnichannel model used by the UK’s major grocers to fulfil online grocery demand, is its ability rapidly adjust capacity to meet the changing demands of customer shopping behaviour.
Investment Adviser
Atrato Capital Limited
3rd Floor, 10 Bishops Square
London E1 6EG
