Supermarket Income REIT: Raises £153m
Supermarket Income REIT plc has successfully raised gross proceeds of £150m and a further £3 million gross following a PrimaryBid Offer.
Nick Hewson, Chairman of the Company, said:
“We are extremely grateful to our existing shareholders and new investors for their strong support exhibited by the exceptional level of demand for this upsized capital raise. Our pipeline of transactions is strong and we have seen an increase in attractive investment opportunities since the marketing roadshow began and therefore expect to be able to deploy efficiently the proceeds of this latest raise into high quality, long let, omnichannel supermarket assets that support our investment strategy.”
Below is a video shot with the investment team of Atrato Group, the advisors behind SUPR, highlighting the investment strategy
VIDEO: Supermarket Income REIT
Supermarket Income REIT Video