Supermarket Income REIT Launches £50m Equity Raise to Fund Acquisitions
Supermarket Income REIT identified six acquisitions comprising 12 assets for £65.2m, at an average net initial yield of 7.3%. The acquisitions are expected to complete by December.
The real estate investment trust said it has identified six earnings-enhancing transactions comprising 12 assets for £65.2m, at an average net initial yield of 7.3%. The acquisitions are expected to complete by December.Two of the acquisitions are direct transactions with Sainsbury’s and comprise a…