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.
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.
Supermarkets play a key role in the local community and on Friday the team at Atrato Group (investment adviser to SUPR) spent the afternoon at a couple of key SUPR tenants Tesco stores to volunteer on behalf of FareShare UK, collecting for local foodbanks.
Following Kantar’s new data showing UK grocery inflation has fallen to single digits (9.7%) for first time in 16 months, Marks and Spencer has this week followed the path of Tesco and Sainsbury’s by reporting strong results.
The Motley Fool’s Royston Wild discusses SUPR’s profile in his latest article, stating “Thanks to its focus on the stable food retail market, Supermarket Income REIT (LSE:SUPR) could be another top stock to own in these uncertain times.”
Sainsbury’s reported strong interim results this week and is ‘confident’ going into the festive peak trading season, having made ‘record market share gains’ in the first half of the year.
Atrato Group’s Steven Noble and Robert Abraham provided an update with ‘Investor Meet Company’ following the announcement of SUPR’s annual results
Following today’s announcement of SUPR’s annual results, Robert Abraham and Haffiz Kala spoke to Thomas Warner at Proactive to give an overview of the company’s performance
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.