Supermarket Income REIT delighted with performance and Sainsbury’s price

Supermarket Income REIT PLC’s (LON:SUPR) manager Atrato Capital talks through another strong year for the investor in stores owned by the grocery majors.

SUPR upped its dividend target for the fifth consecutive year and has fixed 100% of drawn debt, said Atrato.

The trust also agreed a ‘very attractive’ price for exiting 21 stores held in a partnership with Sainsbury’s. Proceeds will be received next year.

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