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Supermarket Income REIT plans GBP 100 million share placing to fund grocery property acquisitions

PUBT·07/15/2026 06:02:51
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Supermarket Income REIT plans GBP 100 million share placing to fund grocery property acquisitions
  • Supermarket Income REIT plans a follow-on equity issue targeting about GBP 100 million gross to fund acquisitions.
  • Proceeds earmarked for a nine-asset grocery real estate pipeline valued at GBP 216 million, using equity alongside leverage.
  • Advanced pipeline includes three supermarkets for GBP 118 million at a 6.9% net initial yield, expected to complete in September 2026.
  • Six additional UK grocery assets priced at GBP 98 million are targeted to complete within three months.
  • Deal requires shareholder approval at a general meeting expected around Aug. 3, 2026; admission targeted for Aug. 5, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Supermarket Income REIT plc published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S523538), on July 15, 2026, and is solely responsible for the information contained therein.