Tag: Supermarket Income REIT

Supermarket Income REIT has increased its unsecured facility with Sumitomo Mitsui Banking Corporation (SMBC) by £37.5 million to £104.5 million. The interest-only facility matures in...

Supermarket Income REIT has acquired a Tesco omnichannel supermarket in Stoke-on-Trent, Staffordshire, for £34.7 million (excluding acquisition costs), reflecting a net initial yield of 7.5%. The acquisition...

Supermarket Income REIT has completed a comprehensive debt refinancing exercise. The debt refinancing exercise involved the cancellation of two shorter-dated debt facilities, the reduction and...

Supermarket Income REIT has purchased a Tesco omnichannel supermarket in Worcester, for £38.3 million, reflecting a net initial yield of 6.0%.  Tesco has been operating at...

Supermarket Income REIT has refinanced its existing loan facilities with Bayerische Landesbank (BLB) with a new three year £86.9 million term loan. This secured, interest-only, loan replaces the three...

Supermarket Income REIT has completed the the sale of its interest in the Sainsbury's Reversion Portfolio. The company has therefore received £279.3 million in respect of the...

Supermarket Income REIT has exchanged contracts to sell its interest in the Sainsbury's Reversion Portfolio (SRP Portfolio) to Sainsbury's for £430.9 million. The sale completes the...

Supermarket Income REIT has appointed Sapna Shah as an independent non-executive director of the company with immediate effect. Sapna Shah has 20 years of investment...

Supermarket Income REIT has increased its stake in Sainsbury's Reversion Portfolio to 51% by acquiring British Airways Pension Trustees' 25.5% beneficial interest for £196...

Supermarket Income REIT has acquired a Tesco store in Llanelli, South Wales, for £66.8 million, reflecting a net initial yield of 5.3%. The store was developed...