Supermarket Income REIT is planning a move to the premium segment of the London Stock Exchange.
The move would allow the REIT, which invests in grocery properties, to become part of the FTSE, and is subject to approval by the Financial Conduct Authority.
The REIT’s shares were first entered into the main market of the LSE’s special fund segment in July 2017, when the business was valued at £100m.
It is currently valued at £1.2bn.
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