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Supermarket Income REIT Plc ( (GB:SUPR) ) has issued an announcement.
Supermarket Income REIT plc has announced a significant expansion of its joint venture with Blue Owl Capital through the acquisition of 10 Asda supermarkets for £196 million and the transfer of £232 million worth of its own assets into the joint venture. This strategic move aims to scale and diversify the joint venture to £833 million, enhance earnings per share by recycling lower-yield assets into higher-yield ones, and extend the average lease term. The transactions are expected to increase SUPR’s exposure to investment-grade tenants and provide additional management fee income, reinforcing its strategy of capital recycling and earnings growth.
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. It specializes in investing in grocery properties, which are crucial to national food infrastructure. The company focuses on omnichannel grocery stores that support both online and in-person sales, leased to leading supermarket operators in the UK and Europe. Its portfolio, valued at £1.6 billion as of June 2025, generates long-term, secure, inflation-linked rental income, aiming for progressive dividends and potential capital growth.
Average Trading Volume: 3,025,234
Technical Sentiment Signal: Buy
Current Market Cap: £988.3M
For a thorough assessment of SUPR stock, go to TipRanks’ Stock Analysis page.