Supermarket Income REIT Adds Six Grocery Assets To Its Portfolio

Supermarket Income REIT acquired six grocery-property assets for £104 million, expanding its portfolio of supermarket real estate. The disclosed assets include a 74,000-square-foot Sainsbury's supermarket in Macclesfield with click-and-collect and home-delivery facilities, alongside a Morrisons asset in Leeds. The acquisition is modestly positive for SUPR given the portfolio expansion into grocery-backed rental assets.