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Supermarket Income REIT Buys Three UK Grocers for £98m in Portfolio Expansion

Story Highlights
  • Supermarket Income REIT bought three UK supermarkets for £97.6m, adding long-let, omnichannel assets at a 5.5% yield.
  • Funded with existing debt, the deals boost earnings, extend lease length and increase investment-grade tenant exposure to 75%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Supermarket Income REIT Buys Three UK Grocers for £98m in Portfolio Expansion

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Supermarket Income REIT Plc ( (GB:SUPR) ) has provided an announcement.

Supermarket Income REIT has acquired three long-established UK supermarkets for a combined £97.6 million at an average net initial yield of 5.5%, as it continues to expand its portfolio of income-generating grocery assets. The properties—a Tesco in Aylesbury, a Sainsbury’s in Sale and a Waitrose in Frimley—are all on triple-net leases with 11 to 16 years unexpired, feature inflation-linked rent review mechanisms and support omnichannel operations through home delivery and click-and-collect facilities. Funded via the drawdown of its existing debt facilities, the acquisitions are expected to be earnings accretive and will lift the company’s pro-forma loan-to-value ratio to about 43%, extend the portfolio’s weighted average unexpired lease term to 12 years and increase exposure to investment-grade tenants to 75%, reinforcing SUPR’s position as a leading landlord to major grocery chains and underlining its capital recycling strategy, including around £400 million redeployed this year alongside growth of its joint venture with Blue Owl Capital-managed funds.

The most recent analyst rating on (GB:SUPR) stock is a Buy with a £91.00 price target. To see the full list of analyst forecasts on Supermarket Income REIT Plc stock, see the GB:SUPR Stock Forecast page.

Spark’s Take on GB:SUPR Stock

According to Spark, TipRanks’ AI Analyst, GB:SUPR is a Outperform.

Supermarket Income REIT Plc is well-positioned with a stable financial performance and strong corporate actions. The technical indicators suggest a positive momentum, and the valuation is attractive due to a high dividend yield. The recent strategic acquisitions and executive confidence further bolster the stock’s appeal.

To see Spark’s full report on GB:SUPR stock, click here.

More about Supermarket Income REIT Plc

Supermarket Income REIT plc (SUPR) is a FTSE 250-listed real estate investment trust specialising in grocery properties that form part of the UK and European national food infrastructure. It focuses on omnichannel supermarket stores—supporting both online fulfilment and in-store shopping—let to leading supermarket operators, generating long-dated, secure, inflation-linked rental income with a strategy targeting progressive dividends and long-term capital growth; its portfolio was valued at £1.6 billion as of 30 June 2025, and its shares trade in London and Johannesburg.

Average Trading Volume: 3,160,859

Technical Sentiment Signal: Strong Buy

Current Market Cap: £995.7M

Find detailed analytics on SUPR stock on TipRanks’ Stock Analysis page.

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