Supermarket Income REIT, the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, has acquired a Tesco supermarket in Llanelli, South Wales, for a total purchase price of £66.8 million excluding acquisition costs, reflecting a net initial yield of 5.3%.
Supermarket Income REIT Buys Tesco Store From M&G for £66.8 Million
Deal Reflects a Net Initial Yield of 5.3%
By Sharon Smyth
CoStar News
September 14, 2022 | 7:10 AM
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In