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Supermarket Income REIT Raises GBP60 Million via Share Issue

MT Newswires·11/03/2026 12:02:40
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12:02 PM EST, 11/03/2026 (MT Newswires) -- Supermarket Income REIT (SUPR.L) raised a total of 60 million pounds sterling after placing 73,170,732 new ordinary shares at 0.82 pound apiece to UK and South African investors. Proceeds are earmarked for the supermarket property company's 65.2 million-pound acquisition of 12 grocery assets, according to a Tuesday filing. Trading of the new shares on the London bourse's main market and on the Johannesburg stock exchange is expected to start on Nov. 10.