Supermarket Income REIT Completes £40.9m Earnings Accretive Acquisitions

Morning briefing: Supermarket Income enters convenience store sector after £41m acquisitions; Saba lifts Workspace stake to 11%; plus JMG-JEMI, FJV-AJOT, ANIC, GPE

Supermarket Income REIT (SUPR) has entered the convenience store sector for the first time after announcing £40.9m of acquisitions which mean it has deployed half of the £200m raised from a joint venture with Blue Owl Capital in April. It has bought 10 Sainsbury’s convenience stores for £15.3m on a net initial yield of 6.1% […]

Supermarket Income REIT Completes £40.9m Earnings Accretive Acquisitions

Supermarket Income REIT plc (LON:SUPR) has announced that it is has completed £40.9 million of acquisitions that are accretive to earnings and WAULT across two transactions at an average net initial yield of 6.4%1. Following these transactions the Company has now redeployed £99.8 million of the proceeds of the Company’s strategic joint venture with funds managed by Blue Owl Capital, which was announced in April 2025, at a net initial yield of 6.…