Supermarket Income REIT acquires 6 supermarkets including its first M & S Foodhall
Supermarket Income REIT plc has purchased six supermarkets for f £113.1 million, representing a combined net initial yield of 4.6%. Acquired from various vendors, these include a Tesco in Prescot, two Morrisons in Durham and Cumbria, an Aldi in Oldham and an Aldi and M&S Foodhall site in Liverpool.
Ben Green, Director of Atrato Capital Limited, added
“These acquisitions provide geographic and tenant diversification, with the purchase of our first M&S Foodhall, as well as exposure to a number of high quality omnichannel supermarket assets. With an aggregate WAULT of 15 years, they support our strategy to deliver attractive long term income.”
Below is a video, shot with the investment team of Atrato Group, the advisors behind SUPR, highlighting the Group’s investment strategy
