Supermarket Income REIT plc (LSE:SUPR) has expanded its presence in France through the €123 million acquisition of 20 Carrefour supermarkets, secured via a sale-and-leaseback agreement. The move aligns with the trust’s strategy of targeting assets that underpin long-term dividend growth. The newly acquired stores operate in markets with limited competition and play an integral role in Carrefour’s online fulfilment network. Funded through an existing credit facility, the transaction is expected to be earnings-enhancing while further diversifying SUPR’s asset base—Carrefour-operated properties now account for roughly 10% of total gross asset value.
SUPR continues to benefit from strong profitability and a healthy balance sheet, with valuation metrics supported by a favorable P/E ratio and an attractive dividend yield. While technical indicators point to a neutral near-term setup, the overall investment case remains underpinned by the company’s financial strength and income-focused strategy.
More about Supermarket Income REIT Plc
Supermarket Income REIT plc is a FTSE 250 real estate investment trust investing in grocery-anchored properties central to food distribution infrastructure across the UK and Europe. Its portfolio—valued at £1.6 billion as of June 2025—concentrates on omnichannel supermarkets leased to major operators, generating long-term, inflation-linked rental income designed to support progressive dividends and sustained capital growth.
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