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Supermarket Income REIT Expands French Portfolio with Carrefour Acquisition

Story Highlights
  • Supermarket Income REIT acquires 20 Carrefour supermarkets in France for €123 million.
  • The acquisition enhances SUPR’s scale in France and supports long-term dividend growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Supermarket Income REIT Expands French Portfolio with Carrefour Acquisition

TipRanks Black Friday Sale

Supermarket Income REIT Plc ( (GB:SUPR) ) just unveiled an announcement.

Supermarket Income REIT plc has acquired a portfolio of 20 Carrefour supermarkets in France for €123 million through a sale and leaseback transaction, aligning with its strategy to invest in opportunities that support long-term dividend growth. This acquisition enhances SUPR’s operational scale in France, with the stores benefiting from low competition and forming part of Carrefour’s online fulfilment network. The transaction, funded through an existing credit facility, is expected to enhance earnings and diversify the company’s portfolio, with Carrefour stores now representing approximately 10% of SUPR’s gross asset value.

The most recent analyst rating on (GB:SUPR) stock is a Buy with a £95.00 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 Neutral.

Supermarket Income REIT Plc has a solid financial foundation with strong profitability and a robust balance sheet. The valuation is attractive due to a reasonable P/E ratio and high dividend yield. However, technical indicators suggest a neutral outlook, which slightly tempers the overall score.

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

More about Supermarket Income REIT Plc

Supermarket Income REIT plc is a FTSE 250 company listed on the London Stock Exchange and the Johannesburg Stock Exchange, dedicated to investing in grocery properties that are essential to national food infrastructure. The company focuses on omnichannel grocery stores in the UK and Europe, which support both online and in-person sales, and are leased to leading supermarket operators. Their portfolio, valued at £1.6 billion as of June 2025, generates long-term, inflation-linked rental income, aiming for progressive dividends and capital growth.

Average Trading Volume: 2,981,949

Technical Sentiment Signal: Buy

Current Market Cap: £1.01B

See more insights into SUPR stock on TipRanks’ Stock Analysis page.

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