We were pleased to see that JLL’s Q1 2023 real estate round up has SUPR’s disposal of the Sainsbury’s reversion portfolio listed as the biggest deal in the quarter!
The information also points to the positive signs that valuations may have bottomed out:
“The UK repriced to a far greater degree in the second half of 2022, and this has largely stabilised in the first quarter of 2023. This put the UK ahead of the curve on pricing, sentiment and activity, with investors beginning to see value and increased confidence in underwriting.”