Supermarket Income REIT acquires Tesco in £73m deal

UKREiiF attendee Supermarket Income REIT, the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of a Tesco supermarket in Sheffield, Yorkshire, for a purchase price of £73.2 million (excluding acquisition costs), representing a net initial yield of 4.5%. 

The post Supermarket Income REIT acquires Tesco in £73m deal appeared first on Built Environment Networking.

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