Supermarket Income REIT is set to join the Premium Segment of the LSEG (London Stock Exchange Group) Main Market this week! This significant milestone will deliver benefits to our retail and institutional shareholders, including increased liquidity from index inclusion – likely facilitating the Company’s eligibility for inclusion in the FTSE 250 and EPRA (European Public … Read more
We are delighted to announce that Supermarket Income REIT has been assigned an Investment Grade BBB+ (stable outlook) credit rating by Fitch Ratings. Nick Hewson, Chairman of Supermarket Income REIT plc, said: “Securing an investment grade credit rating from Fitch is a significant milestone for Supermarket Income REIT. It is a testament to the Company’s … Read more
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
Supermarket Income REIT has announced today it has submitted an application to migrate to the Premium segment of the London Stock Exchange’s Main Market for listed securities, from the Specialist Fund segment where it has been since IPO in 2017. The growth in the assets of the company, from £100m at launch to over £1.6bn … Read more
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
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
