Supermarket Income REIT plc (SUPIF)
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Supermarket Income REIT aims to be more ‘active', plans to switch listing category accordingly
Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) has announced plans to transfer its listing category from the closed-ended investment funds category to the equity shares (commercial companies) category of the Official List. “The board has concluded that generating attractive shareholder returns also arguably requires a more commercial/active asset management approach and having the flexibility to pursue new strategies will be a key element of its ongoing success,” the company said in a statement.
Supermarket Income REIT secures £90m debt refinancing to simplify borrowing structure
Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) has completed a £90 million refinancing deal that will replace two near-term maturing loans and streamline the trust's borrowing arrangements. The London-listed investor in grocery-led property said the new three-year facility, provided by Barclays, is unsecured and carries an interest margin of 1.55% over the Sterling Overnight Index Average (SONIA).
Supermarket Income REIT making all the right moves
In the face of the market persistently discounting their shares relative to net assets over the past couple of years, most self-respecting investment trust boards have tried various strategies to close the gap. Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) has done what several others have discussed but rarely delivered - it has parted ways with its external investment manager and brought the team in-house.
Supermarket Income REIT plc Profile
| Specialized REITs Industry | Real Estate Sector | - CEO | OTC PINK Exchange | GB00BF345X11 ISIN |
| United Kingdom Country | - Employees | 25 Apr 2025 Last Dividend | - Last Split | - IPO Date |
Overview
Supermarket Income REIT plc (LSE: SUPR) stands as a specialized real estate investment trust (REIT) committed to the acquisition and management of grocery real estate in the UK, a vital component of the nation's essential infrastructure for food provision. The REIT has a clear focus on properties that support omnichannel sales, encompassing both online and in-person shopping experiences. Integral to its investment strategy is the leasing of its properties to the UK's major supermarket chains, ensuring a diversification of tenancy by both geography and operator brand. Supermarket Income REIT distinguishes itself by offering investors a unique investment opportunity characterized by secure, inflation-adjusted, and progressively growing income, alongside the potential for long-term capital growth. Since its initial public offering on the Specialist Fund Segment of the London Stock Exchange's Main Market on 21 July 2017, Supermarket Income REIT has demonstrated a commitment to transparency and excellence, ultimately progressing to list on the Premium Segment of the Official List of the UK Financial Conduct Authority. The oversight and strategic direction of the REIT are managed by Atrato Capital Limited, which serves as its Investment Adviser, steering its investments to ensure alignment with broader market demand and investment criterion.
Products and Services
- Omnichannel Grocery Real Estate Investments
Supermarket Income REIT specializes in acquiring grocery properties that cater to both online and in-person sales avenues. This dual-focus approach not only anticipates the evolving retail landscape but also seeks to meet the demands of consumers who favor a blended shopping experience. By investing in these omnichannel-capable properties, the REIT supports a vital infrastructure for UK's grocery retail sector, ensuring resilience and relevance in a rapidly evolving market.
- Leasing to Leading UK Supermarket Operators
All the properties within the REIT's portfolio are leased to top-tier supermarket operators across the UK. This strategic positioning allows for a diversified tenancy base, minimizing risk and ensuring a stable and secure income. The emphasis on leasing to major operators also enhances the potential for sustained property value appreciation, backed by the strength and stability of these anchor tenants.
- Inflation-Linked, Growing Income
The REIT provides its investors with an attractive income opportunity characterized by long-term, secure leases that are often indexed to inflation, facilitating a growing income stream. This feature is particularly appealing in times of economic uncertainty, as it offers a hedge against inflation, while promising a steady and predictable income to investors looking for sustainable returns.
Contact Information
