Supermarket Income REIT to Raise GBP50 Million to Fund Asset Purchases

02:58 AM EST, 11/03/2026 (MT Newswires) -- Supermarket Income REIT (SUPR.L) intends to raise 50 million pounds sterling by issuing new shares in South Africa and the UK. The supermarket property company said Tuesday it may increase the offering size if required. Supermarket Income plans to use the proceeds to fund six potential acquisitions of 12 assets for 65.2 million pounds. The transactions are expected to close in December and contribute positively to EPS from the first full year. Goldman Sachs, Peel Hunt, and Stifel Nicolaus are acting as joint bookrunners in the placing, while PSG Capital is serving as sole bookrunner for the South African offering.