Supermarket Income REIT Plc ( (GB:SUPR) ) has shared an update.
Supermarket Income REIT plc announced significant progress in its portfolio initiatives, including the sale of a Tesco store at a premium price and lease renewals that enhance its capital value. The company also expanded its portfolio with the acquisition of nine Carrefour supermarkets in France, financed through new senior unsecured notes, reinforcing its growth strategy and market positioning.
More about Supermarket Income REIT Plc
Supermarket Income REIT plc is a real estate investment trust that focuses on grocery properties, crucial for national infrastructure. The company invests in omnichannel grocery stores in the UK and Europe, providing both online and in-person sales, and targets secure, inflation-linked, long-term income with potential for capital appreciation.
YTD Price Performance: 6.39%
Average Trading Volume: 4,588,989
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £882.3M
See more insights into SUPR stock on TipRanks’ Stock Analysis page.