Tag: Supermarket Income REIT
Supermarket Income REIT buys Sainsbury’s store for £75.8m
Supermarket Income REIT has purchased Sainsbury's store in Cannock, Staffordshire from a client of CBRE Investment Management for £75.8 million, representing a net initial yield of 4.0%. The Sainsbury's store opened in 1997...
Supermarket Income REIT pays £73m for Sainsbury’s and Tesco stores
Supermarket Income REIT has acquired a Sainsbury's supermarket in Swansea, South Wales, and a Tesco supermarket in Maidstone, Kent, from Argo Real Estate Limited...
Landsec sells two retail parks for £54.3m
Landsec has sold two retail parks, Derwent Howe Retail Park and Blackpool Retail Park, for £54.3 million, representing an average 15% premium to the...
Supermarket Income REIT announces six acquisitions for £113m
Supermarket Income REIT has acquired six supermarkets for £113.1 million, reflecting a combined net initial yield of 4.6%. Acquired from different vendors, the purchases...
Sainsbury’s to buy back 13 stores from joint venture portfolio
Supermarket Income REIT announced Sainsbury’s exercised a purchase option to acquire 13 stores from its Reversion Portfolio. A joint venture between British Airways Pension Trustees...
Supermarket Income REIT buys Tesco store in Colchester for £63m
Supermarket Income REIT has acquired a Tesco supermarket in Colchester, Essex from Standard Life Investments Long Lease Fund for £63 million (excluding acquisition costs)...
Supermarket Income REIT announces first acquisition in Wales
Supermarket Income REIT plc has acquired a Tesco supermarket in Prestatyn, North Wales from Ediston Property Investment Company for £26.5 million, representing a net initial yield of 5.3%. It...
Supermarket Income REIT increases its stake in Sainsbury’s portfolio
Supermarket Income REIT plc has acquired a further stake in the beneficial interest in Sainsbury’s Reversion portfolio, one of the UK's largest portfolios of supermarket...
Supermarket Income REIT buys Sainsbury’s store in Northern Ireland
Supermarket Income REIT plc has acquired a Sainsbury's store in Bangor, County Down, Northern Ireland for £24.8 million, representing a net initial yield of...
Supermarket Income REIT buys supermarket in Cambridgeshire
Supermarket Income REIT plc has purchased a Morrisons supermarket in Wisbech, Cambridgeshire from Aberdeen Standard Investments for £30.0 million (excluding acquisition costs), representing a combined net initial yield of 5.0%. The...
