Recent research from Knight Frank notes that 2023 was a record year in the supermarket investment market with £2.49bn of food stores changing hands, a 71% increase on the ten-year average of £1.4bn.
Robert Abraham, Managing Director at Atrato Capital, Investment Adviser to Supermarket Income REIT comments:
“The record transaction volumes for supermarket property in 2023, despite the challenging economic backdrop, reflect the positive investor sentiment towards the sector. It’s evidence of the appeal of a defensive and non-cyclical asset class with strong underlying fundamentals that support the long term value of the sector.”
Tom Howard covers Knight Frank’s research report in The Times, here.
