Fitch Ratings has affirmed Supermarket Income REIT plc’s Long-Term Issuer Default Rating at ‘BBB+’ with a Stable Outlook.
The highlights include:
- Long-term, defensive income streams
- High quality, omnichannel portfolio
- Strategy to focus on stronger credit tenants
- Successful disposal of Sainsbury’s Reversionary JV Portfolio
- Improved financial profile
“We are pleased that Fitch has reaffirmed SUPR’s investment grade rating, whilst highlighting the quality of the portfolio and the defensive characteristics that make supermarkets such an attractive investment.” Says Robert Abraham, Managing Director at Atrato Group.
Read the full announcement from Fitch here: https://lnkd.in/g3Kr68kc