Supermarket Income Reit (SUPR)

Index:

FTSE 250

96.80p
   
  • Change Today:
      0.60p
  • 52 Week High: 133.00p
  • 52 Week Low: 96.00p
  • Currency: UK Pounds
  • Shares Issued: 1,242.63m
  • Volume: 2,837,686
  • Market Cap: £1,202.87m

Supermarket Income REIT acquires Llanelli Tesco

By Iain Gilbert

Date: Wednesday 14 Sep 2022

LONDON (ShareCast) - (Sharecast News) - Real estate investor Supermarket Income REIT has acquired a Tesco supermarket in Llanelli, South Wales, for a total purchase price of £66.8m.
Supermarket Income REIT said on Wednesday that the store, which was developed for Tesco in 1989, occupies a 10-acre site with an 82,046 square foot net sales area supermarket, a 16-pump petrol filling station, and 753 car parking spaces.

The FTSE 250-listed group store was acquired from M&G with an unexpired lease term of 12 years, with annual, upwards only RPI-linked rent reviews.

Supermarket Income REIT added that the purchase price reflected a net initial yield of 5.3%.

"This acquisition further strengthens SUPR's portfolio of top trading omnichannel supermarkets. The store has strong trading fundamentals, comes at an accretive acquisition yield, and is subject to annual index-linked rent reviews," said Ben Green, a director at Supermarket Income REIT's investment advisor Atrato Capital.





Reporting by Iain Gilbert at Sharecast.com

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SUPR Market Data

Currency UK Pounds
Share Price 96.80p
Change Today 0.60p
% Change 0.62 %
52 Week High 133.00p
52 Week Low 96.00p
Volume 2,837,686
Shares Issued 1,242.63m
Market Cap £1,202.87m

SUPR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.09% below the market average50.09% below the market average50.09% below the market average50.09% below the market average50.09% below the market average
69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average
Price Trend
44.93% below the market average44.93% below the market average44.93% below the market average44.93% below the market average44.93% below the market average
2.86% below the sector average2.86% below the sector average2.86% below the sector average2.86% below the sector average2.86% below the sector average
Income
80.90% above the market average80.90% above the market average80.90% above the market average80.90% above the market average80.90% above the market average
80.65% above the sector average80.65% above the sector average80.65% above the sector average80.65% above the sector average80.65% above the sector average
Growth
55.35% above the market average55.35% above the market average55.35% above the market average55.35% above the market average55.35% above the market average
51.52% above the sector average51.52% above the sector average51.52% above the sector average51.52% above the sector average51.52% above the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 6
Sell 1
Strong Sell 0
Total 10
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SUPR Dividends

  Latest Previous
  Q2 Q1
Ex-Div 19-Jan-23 06-Oct-22
Paid 23-Feb-23 16-Nov-22
Amount 1.50p 1.50p

Trades for 01-Feb-2023

Time Volume / Share Price
15:19 4,475 @ 96.61p
15:17 67 @ 97.00p
15:15 1 @ 97.00p
15:15 277 @ 96.80p
15:15 2,288 @ 96.80p

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