Finance

Portfolio value slumps 13.3% at Supermarket Income REIT

By 2023-02-23T08:38:00

Tesco supermarket

Source: Shutterstock/Julius Kielaitis

The value of Supermarket Income REIT’s portfolio slumped 13.3% in the second half of 2022 as the group suffered from industry-wide outward yield movements.

The group’s portfolio was independently valued as at 31 December at £1.62bn, reflecting a net initial yield of 5.5% compared to 4.6% at the end of June.

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