Supermarket Income REIT, the UK supermarket real estate investment trust providing, has bought the Tesco Extra in Newmarket, Suffolk, from Standard Life Pooled Pension Property Fund for £61m or a net initial yield of 4.6%.
Supermarket Income REIT Buys Suffolk Tesco for £61m
REIT has also announced a new revolving credit facility with Wells Fargo
By Paul Norman
CoStar News
July 27, 2020 | 6:25 AM
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IN THIS ARTICLE
- Properties
- Tesco Extra
Fordham Rd, Newmarket, SFK