With a strong pipeline of investment opportunities that meet Supermarket Income REIT’s (SUPR’s)strict investment criteria, we anticipate a swift deployment of the proceeds of its just completed £153m (gross) equity raise, as has been the case with previous issues since IPO. The recent H121 results provided evidence of both the financial benefits of increased scale and the key role of omnichannel stores in supermarket distribution strategies.
24 Mar 2021
Supermarket Income REIT - Successful equity issue and strong pipeline
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Supermarket Income REIT - Successful equity issue and strong pipeline
Supermarket Income REIT Plc (SUPR:LON) | 72.7 1.2 2.2% | Mkt Cap: 906.0m
- Published:
24 Mar 2021 -
Author:
Martyn King -
Pages:
6
With a strong pipeline of investment opportunities that meet Supermarket Income REIT’s (SUPR’s)strict investment criteria, we anticipate a swift deployment of the proceeds of its just completed £153m (gross) equity raise, as has been the case with previous issues since IPO. The recent H121 results provided evidence of both the financial benefits of increased scale and the key role of omnichannel stores in supermarket distribution strategies.