Supermarket Income REIT checks out £82.9m deal

Tesco supermarket

Supermarket Income REIT has spent £82.9m for four assets across four different grocery brands for a combined net initial yield of 4.9%.

The group has acquired a Tesco superstore, M&S Foodhall and an Iceland in Chineham, Basingstoke, and the acquisition of an Asda supermarket in Carcroft, Doncaster.

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