Supermarket Income looks to raise £25m from share issuance

Tesco store

Supermarket Income REIT is seeking to raise £25m from a share placing to fund two new acquisitions.

Located in the Midlands and the East of England, both assets are occupied by Tesco and benefit from long RPI-linked leases with a weighted average lease term of 19 years.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue