Supermarket Income REIT
-
Supermarket Income refinances £87m loan
The three-year, interest-only loan is fully hedged
-
Sainsbury’s takes back control of freeholds for £431m
Sainsbury’s has paid the sum to Supermarket Income REIT to take back control of 26 stores
-
Supermarket Income REIT portfolio value falls by 13.3%
REIT’s portfolio sank to £1.625bn as yields shifted outward to 5.5%
-
Supermarket Income buys out Sainsbury’s jv partner for £196m
The REIT now has a 51% stake in the portfolio, and will earn more than £380m in 2023
-
Supermarket Income buys Bristol Tesco for £84m
The site also includes an Iceland, Boots, Greggs, Costa and a Pets at Home
-
Supermarket Income hails ‘stand-out’ resilience of grocery sector
Company posts rising profit in face of “another set of macroeconomic headwinds”
-
Supermarket Income snaps up Llanelli store for £67m
M&G sold the store, with 12 years left on Tesco’s lease
-
Independent Living REIT announces IPO
The supported housing REIT wants to raise £150m to target a £500m pipeline
-
Supermarket Income acquires four stores
REIT acquires sites in Cheltenham, Merseyside and Glasgow
-
Supermarket Income adds sites and refinances debt
The REIT spent £83m on stores in Doncaster and Basingstoke and accessed £412m in unsecured credit
-
REITs ready for a boost from FTSE reshuffle
Unite to enter FTSE 100 while Supermarket Income and Target Healthcare step up into 250
-
Supermarket Income raises £300m for shopping spree
The REIT had increased its £175m target but offer was still oversubscribed