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Supermarket Income REIT Bags Sainsbury in Newcastle Upon Tyne for £53.1M

Site Contains 68,000 Sq Ft Sales Area Supermarket, 420 Parking Spaces and a 12-Pump Petrol Filling Station
CoStar News
October 29, 2020 | 11:41 AM

Supermarket Income REIT has acquired a Sainsbury’s supermarket and adjoining commercial premises in Heaton, Newcastle upon Tyne for £53.1 million, reflecting a combined net initial yield of 4.1%.

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