-+ 0.00%
-+ 0.00%
-+ 0.00%

Supermarket Income REIT to Buy Supermarket Portfolio for GBP118 Million

MT Newswires·07/15/2026 09:41:23
Listen to the news
09:41 AM EDT, 07/15/2026 (MT Newswires) -- Supermarket Income REIT (SUPR.L) will acquire a portfolio of three supermarkets in the UK for a total of 118 million pounds sterling. The portfolio comprises a Sainsbury's branch in Manchester and Tesco branches in Edinburgh and Halifax, according to a Wednesday release. The portfolio has a weighted average unexpired lease term of eight years and average rents of 34 pounds per square foot. The acquisition is due to complete in September.