Supermarket Income REIT (SUPR) reported strong H119 earnings growth on the back of its growing portfolio, contracted RPI-linked rental uplifts, and well-controlled costs. The Q219 DPS was increased by 3.2%, in line with RPI. Rental growth also drove revaluation gains, sufficient to offset property acquisition costs in the period. EPRA NAV total return in the six-month period was 3.1% or an annualised 6.3%.
13 Feb 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 Feb 2019 -
Author:
Martyn King -
Pages:
8
Supermarket Income REIT (SUPR) reported strong H119 earnings growth on the back of its growing portfolio, contracted RPI-linked rental uplifts, and well-controlled costs. The Q219 DPS was increased by 3.2%, in line with RPI. Rental growth also drove revaluation gains, sufficient to offset property acquisition costs in the period. EPRA NAV total return in the six-month period was 3.1% or an annualised 6.3%.