Appointment of Jamie Cowen as Strategy Director

We’re delighted to announce Jamie Cowen has been appointed as Strategy Director. Jamie brings over 30 years’ experience in grocery real estate investment and operations, as well as strong relationships with key stakeholders across the sector. Jamie joins SUPR from Sainsbury’s, where he worked in a number of senior investment and property development roles, latterly … Read more

Acquisition of three supermarkets for £98 million

SUPR announces that it has completed the acquisition of three supermarkets in the UK for a total purchase price of £97.6 million, at an average net initial yield of 5.5%1. These acquisitions, comprising well-established stores with long trading histories, have been carefully selected to align with SUPR’s core business strategy and drive further earnings accretion. … Read more

SUPR completes £41 million of accretive acquisitions

Supermarket Income REIT plc (LSE: SUPR) announces that it is has completed £40.9 million of acquisitions that are accretive to earnings and WAULT across two transactions at an average net initial yield of 6.4%1. Following these transactions the Company has now redeployed £99.8 million of the proceeds of the Company’s strategic joint venture with funds … Read more

SUPR scales joint venture with direct sale & leaseback

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI), announces an update on its joint venture (the “JV”) with funds managed by Blue Owl Capital (“Blue Owl”). The JV has acquired 10 omnichannel Asda supermarkets in a sale and leaseback transaction for £196 million (SUPR’s share: £98 million). The handpicked portfolio of strong omnichannel stores has … Read more

Acquisition of a €123m Carrefour portfolio in France

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI) is pleased to announce that it has completed the acquisition of a portfolio of 201 Carrefour supermarkets in France (the “Portfolio”), in line with its strategy to deploy capital into accretive pipeline opportunities which support long term dividend cover and growth. The Portfolio has been acquired through a … Read more

Interview with Sarah Adams – Centre Administrator and acting Centre Manager at Chineham Shopping Centre

Ensuring our assets enhance the communities in which they are located through tenant and community engagement is one of three key pillars of our Sustainability Strategy. At our larger sites which have Centre Managers, we actively empower and encourage our site teams to engage positively with the local communities in which the assets are based.