vimarsana.com

Latest Breaking News On - Atrato halliwell - Page 1 : vimarsana.com

Supermarket Income REIT receives second payment from Sainsbury s portfolio sale

Supermarket Income REIT receives second payment from Sainsbury s portfolio sale
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.

Supermarket Income gets GBP117 million tranche of Sainsbury s sale

Supermarket Income REIT PLC on Tuesday said it received the GBP116.9 million second tranche from the sale of its interest in JD Sainsbury PLC s reversion portfolio, as expected. The real estate.

Supermarket Income REIT acquires additional stake in JV for £196 million

Investegate |Supermarket Inc REIT Announcements | Supermarket Inc REIT: Acquisition

  Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of a further stake (the Acquisition ) in the beneficial interest in one of the UK s largest portfolios of supermarket properties (the Portfolio ) from an Aviva Investors managed fund. The 25.5% beneficial interest has been acquired through the Company s existing 50:50 joint venture (the JV ) with British Airways Pension Trustees Limited ( BAPTL ). The purchase price is £115.0 million (excluding acquisition costs) meaning that the Company s contribution to the JV to fund the Acquisition is £57.5 million (excluding acquisition costs). The JV acquired its initial 25.5% beneficial interest from British Land Plc in May 2020. Following this second acquisition, the JV s ownership in the Portfolio is 51.0%. The remaining 49.0% beneficial interest is held by Sainsbury s plc.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.