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Supermarket Income REIT Beefs Up Sainsbury's Joint Venture Stake to £196 Million

Sainsbury's Will Take Full Control of Most of Portfolio for £1.040 Billion Later This Year
Sainsburys rural supermarket completed late 2021. (Stewart Weir/CoStar)
Sainsburys rural supermarket completed late 2021. (Stewart Weir/CoStar)
CoStar News
January 12, 2023 | 9:59 AM

Supermarket Income REIT, which focuses on UK grocery property, has bought British Airways Pension Trustees' 25.5% beneficial interest in the Sainsbury's Reversion Portfolio for £196 million, taking its overall stake to 51%.

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News | Supermarket Income REIT Beefs Up Sainsbury's Joint Venture Stake to £196 Million