Sainsbury’s exercises option to buy a further 8 stores

SUPR has announced today that Sainsbury’s has exercised its second option to acquire 8 stores within the Sainsbury’s Reversion Portfolio in July 2023. This announcement follows on from the first option Sainsbury’s exercised on 10 September 2021 to acquire 10 stores in March 2023. The existing leases remain in place until 2023. The price for … Read more

React News Q+A with Ben Green

After the recent rapid portfolio expansion and clarity about our JV, Ben Green, Director of Atrato Capital Limited, our investment adviser, took part in a Q+A with Chris Borland of React News. The interview covered the potential public market mispricing of the private equity deals of Asda & Morrisons, rising inflation and Atrato Group’s growth … Read more

Elevated UK grocery sales continue

Great article from Oliver Shah at The Times showing that elevated sales in Britain’s supermarkets may be here to stay, quoting Shore Capital’s Clive Black view that the sector ‘now enjoys a permanently “elevated sales base” from which to trade’. The UK’s big four grocers are approaching near double-digit sales growth at Christmas, with UK … Read more