Supermarket Income REIT has increased the size of a planned equity issuance by a third.
The company said last month that it would target £150m in a fundraising, helping it to line up deals from a £400m pipeline of assets. That target has now been increased to £200m.
Supermarket REIT said the move was based on a “strong level of support” from investors, as well as its confidence in upcoming deals and the emergence of new targets since the deal was first announced.
To send feedback, e-mail tim.burke@egi.co.uk or tweet @_tim_burke or @estatesgazette
