We are delighted to announce our interim results for the six months ended 31 December 2022: https://lnkd.in/gVD_A4h6
Nick Hewson, Chairman of Supermarket Income REIT plc, commented:
“This Period has seen a very strong underlying performance of the grocery sector with the most recent data from Kantar showing 8.8% annualised sales growth and sales volumes now exceeding the levels seen at the height of the pandemic.
While property valuations are not immune from the wider macroeconomic backdrop, we have built a high quality, handpicked portfolio of omnichannel supermarket property with 100% rental collection, benefitting from being in the non-discretionary spend sector of grocery. Our secure rental income is 80% linked to inflation. Our debt is 100% fixed (or hedged to fixed) giving us a high degree of certainty of cashflows and, therefore, our dividend.”
