Supermarket Income REIT plc (LSE:SUPR) has acquired six grocery-related properties in the UK for a total of £104 million, completing the deployment of proceeds from its £100 million equity raise in July 2026.
The acquired portfolio comprises supermarkets, an M&S-anchored retail park, a Co-op store, an M&S scheme in Glasgow and a Sainsbury’s grocery distribution centre.
The properties include triple-net leases and a combination of inflation-linked and open-market rent reviews. Several of the assets also support click-and-collect and home-delivery operations.
The latest transaction follows the previously announced acquisition of three supermarkets for £118 million.
Across the two transactions, Supermarket Income REIT said it has now fully deployed the £100 million of equity raised in July. The acquisitions were completed at an average net initial yield of 6.6% and have a weighted average unexpired lease term of 10 years.
The company said the transactions are consistent with its strategy of expanding its portfolio beyond traditional UK supermarkets to include grocery distribution facilities and grocery-anchored retail properties.
More about Supermarket Income REIT Plc
Supermarket Income REIT plc is a FTSE 250 real estate investment trust focused on grocery properties in the UK and Europe.
Its portfolio includes omnichannel supermarkets, grocery-anchored retail properties and distribution facilities leased to supermarket operators. The portfolio was valued at £2.1 billion as of 31 December 2025.
The company’s shares trade on the London Stock Exchange’s Main Market and the Main Board of the JSE Limited in South Africa.
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