Supermarket Income REIT has bought a Sainsbury’s supermarket in Swansea, South Wales, and a Tesco supermarket in Maidstone, Kent, from Argo Real Estate for £73 million, reflecting a combined net initial yield of 4.6%.
Supermarket Income REIT Buys Two Supermarkets from Argo for £73 Million
Sainsbury's and Tesco Supermarkets Produce 4.6% Net Initial Yield
CoStar News
November 16, 2021 | 9:22 AM
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IN THIS ARTICLE
- Properties
- Tesco Store Ltd
Grovewood Dr, Maidstone, KEN
- Companies
- Supermarket Income REIT Plc
Real Estate
- Argo Real Estate Management Ltd
Real Estate