Finance

Supermarket REIT seeks £65m to fund acquistions

By 2018-04-25T07:38:00

Tesco supermarket

Source: Shutterstock/Julius Kielaitis

Supermarket Income REIT is seeking up to £65m from a share placing in order to fund three acquisitions.

The new shares will be priced at 101p each, which represents a discount to yesterday’s closing price of 102p.

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