Finance

Supermarket Income REIT adds two stores to portfolio and increases debt facility

By 2022-01-05T07:56:00

Asda click and collect

Source: Shutterstock/Cornfield

Supermarket Income REIT has paid £55.1m for two supermarkets, a Sainsbury’s in Washington, Tyne and Wear, and an Asda in Cwmbran, South Wales.

The deal reflects a combined net initial yield of 5.3%.

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