Supermarket Income REIT
(the "Company")
AGREED RENT REVIEW ON TESCO THETFORD SUPERMARKET
Supermarket Income REIT (LSE: SUPR), the UK supermarket real estate investor, announces that the annual rent review at its Tesco superstore in Thetford, Norfolk, has been concluded, resulting in an RPI increase of 3.7%. As a result of the review, the rent will increase from £2,467,908 to £2,558,300 as of 25 December 2017.
After the review, the annualized rental income of the portfolio will be £7.9 million.
Ben Green, Director of Atrato Capital, the Investment Adviser to Supermarket Income REIT, said: "The conclusion of this rent review underlines the attractive, annual RPI rent reviews that are a feature of all of our leases."
For further information, please contact:
Atrato Capital Limited +44 (0)20 3790 8087
Ben Green
Steve Windsor
Steve Noble
Stifel Nicolaus Europe Limited +44 (0)20 7710 7600
Mark Young
Neil Winward
Tom Yeadon
Tavistock +44 (0)20 7920 3150
Jeremy Carey
James Whitmore
James Verstringhe
NOTES TO EDITORS:
Supermarket Income REIT plc listed on the London Stock Exchange in July 2017. SUPR acquires UK supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term RPI-linked income, from institutional grade tenants and the potential for capital growth through active asset management. Atrato Capital is the Company's Investment Adviser.
