Supermarket Income Reit (SUPR)

  • Change Today:
  • 52 Week High: 108.00
  • 52 Week Low: 95.50
  • Currency: UK Pounds
  • Shares Issued: 239.83m
  • Volume: 422,340
  • Market Cap: £257.82m
  • Beta: 0.03

Supermarket Income REIT buys Cheltenham Sainsbury's

By Josh White

Date: Friday 11 Oct 2019

LONDON (ShareCast) - (Sharecast News) - Supermarket real estate investor Supermarket Income REIT announced the acquisition of a Sainsbury's store in Cheltenham, Gloucestershire, from Legal & General on Friday, for £60.4m excluding acquisition costs, reflecting a net initial yield of 5.25%.
The London-listed specialist fund said the site was originally developed in the 1980s, and extensively refurbished and extended in 2007.

It said Sainsbury's had a "long history" of trading from the "prominent" seven-acre site.

The supermarket comprised 62,000 square feet net sales area with a 12-pump petrol filling station, and more than 390 parking spaces.

Supermarket Income REIT said the store had multiple purpose-built distribution docks, and supported Sainsbury's online grocery fulfilment in the local area.

It was being acquired with an unexpired lease term of 13 years, with five-yearly, upward-only, RPI-linked rent reviews, subject to a cap and floor.

"With strong fundamentals, this Sainsbury's supermarket is an excellent addition to our growing portfolio of omnichannel stores and provides further investment diversification," said Ben Green, director at Supermarket Income REIT's investment advisor, Atrato Capital.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.


SUPR Market Data

Currency UK Pounds
Share Price 107.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 108.00
52 Week Low 95.50
Volume 422,340
Shares Issued 239.83m
Market Cap £257.82m
Beta 0.03

SUPR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average
Income Not Available
Growth Not Available

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SUPR Dividends

  Latest Previous
  Q1 Q4
Ex-Div 17-Oct-19 18-Jul-19
Paid 07-Nov-19 07-Aug-19
Amount 1.42p 1.42p

Trades for 13-Dec-2019

Time Volume / Share Price
14:53 102,053 @ 107.50p
15:10 6,208 @ 108.00p
13:54 39,215 @ 107.50p
14:09 3,104 @ 107.50p
13:32 150,000 @ 108.00p

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