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Pin to quick picksSupermarket Income Regulatory News (SUPR)

Share Price Information for Supermarket Income (SUPR)

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Supermarket Income REIT is an Investment Trust

To provide its shareholders with an attractive level of income together with the potential for capital growth by investing in a diversified portfolio of supermarket real estate assets in the UK.

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AGREED RENT REVIEW ON TESCO BRISTOL SUPERMARKET

12 Mar 2018 07:00

RNS Number : 3205H
Supermarket Income REIT PLC
12 March 2018
 

SUPERMARKET INCOME REIT PLC

("Supermarket Income REIT" or "the Company")

 

AGREED RENT REVIEW ON TESCO BRISTOL SUPERMARKET

 

Supermarket Income REIT (LSE: SUPR), the UK supermarket real estate investor, announces that the annual rent review at its Tesco superstore in Lime Trees Road, Bristol has been concluded, resulting in an RPI increase of 3.9%. As a result of the review, the rent will increase from £1,474,006 to £1,531,191 as of March 2018.

 

After the review, the annualised rental income of the portfolio will be £10.8 million.

 

Ben Green, Director of Atrato Capital, the Investment Adviser to Supermarket Income REIT, said: "The conclusion of this rent review underlines the attractive, annual RPI rent reviews that are a feature of all of our leases."

 

For further information, please contact:

 

Atrato Capital Limited  +44 (0)20 3790 8087

Ben Green

Steve Windsor

Steve Noble

 

Stifel Nicolaus Europe Limited +44 (0)20 7710 7600

Mark Young

Neil Winward

Tom Yeadon

 

Tavistock  +44 (0)20 7920 3150

Jeremy Carey

James Whitmore

James Verstringhe

 

NOTES TO EDITORS:

Supermarket Income REIT plc listed on the London Stock Exchange in July 2017. SUPR acquires UK supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term RPI-linked income, from institutional grade tenants and the potential for capital growth through active asset management. Atrato Capital is the Company's Investment Adviser.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCMMGGFVLKGRZM
Date   Source Headline
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31st May 20181:24 pmRNSDirector/PDMR Shareholding
31st May 20189:53 amRNSHolding(s) in Company
31st May 20187:00 amRNSACQUISITION OF TESCO EXTRA IN SCUNTHORPE FOR £53 M
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21st May 20185:11 pmRNSRESULT OF GENERAL MEETING
25th Apr 20183:52 pmRNSPublication of a Prospectus
25th Apr 20187:00 amRNSProposed Issue of Ordinary Shares and Notice of GM
16th Apr 20187:25 amRNSTRADING UPDATE AND DIVIDEND DECLARATION
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28th Sep 20177:00 amRNSDividend Declaration
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30th Aug 20178:43 amRNSREVOLVING CREDIT FACILITY
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31st Jul 20175:42 pmRNSHolding(s) in Company
31st Jul 20175:40 pmRNSHolding(s) in Company
26th Jul 20175:51 pmRNSPDMR Shareholding
26th Jul 20175:51 pmRNSPDMR Shareholding
25th Jul 20172:23 pmRNSDirector/PDMR Shareholding
25th Jul 20172:23 pmRNSDirector/PDMR Shareholding

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