Following FY19 results that showed strong growth driven by the continued steady build-up of the portfolio, contracted RPI-linked rental growth, and improving efficiency, Supermarket Income REIT (SUPR) intends to raise c £50m in a share placing and offer with the proceeds directed at further portfolio acquisitions. FY19 shareholder total return was 8.0%, taking the total to 16.1% in the two years since IPO. The FY20 DPS target has been increased in line with inflation to 5.80p, impl
13 Sep 2019
Supermarket Income REIT - Visible income and growth potential
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Supermarket Income REIT - Visible income and growth potential
Supermarket Income REIT Plc (SUPR:LON) | 71.9 -0.6 (-1.2%) | Mkt Cap: 896.0m
- Published:
13 Sep 2019 -
Author:
Martyn King -
Pages:
11
Following FY19 results that showed strong growth driven by the continued steady build-up of the portfolio, contracted RPI-linked rental growth, and improving efficiency, Supermarket Income REIT (SUPR) intends to raise c £50m in a share placing and offer with the proceeds directed at further portfolio acquisitions. FY19 shareholder total return was 8.0%, taking the total to 16.1% in the two years since IPO. The FY20 DPS target has been increased in line with inflation to 5.80p, impl