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Supermarket Income REIT Plc ( (GB:SUPR) ) has shared an update.
Supermarket Income REIT plc has completed the internalisation of its management function, appointing Rob Abraham as CEO and Mike Perkins as CFO. This strategic move, approved by shareholders, is expected to enhance earnings and reduce the discount to NAV, ensuring continued value delivery for shareholders.
More about Supermarket Income REIT Plc
Supermarket Income REIT plc is a real estate investment trust that invests in grocery properties, focusing on omnichannel grocery stores that support both online and in-person sales. The company’s assets generate long-dated, secure, inflation-linked income, and it aims for a progressive dividend and capital appreciation. It is listed on the London Stock Exchange and has a secondary listing in South Africa.
YTD Price Performance: 13.45%
Average Trading Volume: 4,881,973
Technical Sentiment Signal: Sell
Current Market Cap: £940.9M
For detailed information about SUPR stock, go to TipRanks’ Stock Analysis page.