£34.7 million Supermarket Acquisition
We are delighted to announce the acquisition of a @Tesco in Stoke-on-Trent, Staffordshire, for £34.7 million / 7.5% NIY.
Rosie
Fitch Affirms Supermarket Income REIT plc at ‘BBB+’; Outlook Stable
Fitch Ratings has affirmed Supermarket Income REIT plc’s Long-Term Issuer Default Rating at ‘BBB+’ with a Stable Outlook.
SUPR announces 2023 Interim Results
We are pleased to announce our interim results for the six months ending 31 December 2023.
Adaptive Retail, the Next Evolution in Shopping: as defined by Walmart
“There’s never been a more transformational change in our supply chain like right now”
How online grocers failed to topple bricks and mortar rivals
“Experts believe that multichannel retailers — those that sell both online and offline — will be the real winners over the coming years.”
Trading updates from SUPR tenants show resilience
SUPR’s tenants have recently reported some very impressive trading performance over the Christmas period, highlighting the strength of the sector and the non-discretionary nature of grocery spending.
“£10,000 in excess savings? I’d buy 11,627 shares of this stock to aim for £2,500 in passive income”
Stephen Wright at The Motley Fool discusses SUPR’s current 7% dividend yield.
Record numbers of supermarkets changed hands in 2023
“The record transaction volumes for supermarket property in 2023, despite the challenging economic backdrop, reflect the positive investor sentiment towards the sector.”
Foodstores: A Feeding Frenzy
A fascinating report was recently published by the team at Knight Frank; ‘Foodstores: a Feeding Frenzy’ talks to the attractiveness of investing in supermarket real estate.
