Business
AGREED RENT REVIEW ON TESCO THETFORD SUPERMARKET
AGREED RENT REVIEW ON TESCO THETFORD SUPERMARKET.
About this update from Supermarket Income Reit Plc
[{"type":"text","content":"\n \nRNS Number : 5484Z Supermarket Income REIT PLC 18 December 2017 \n\n Supermarket Income REIT\n(the \"Company\")\n \n \nAGREED RENT REVIEW ON TESCO THETFORD SUPERMARKET\n \nSupermarket Income REIT (LSE: SUPR), the UK supermarket real estate investor, announces that the annual rent review at its Tesco superstore in Thetford, Norfolk, has been concluded, resulting in an RPI increase of 3.7%. As a result of the review, the rent will increase from £2,467,908 to £2,558,300 as of 25 December 2017. \n \nAfter the review, the annualized rental income of the portfolio will be £7.9 million.\n \nBen Green, Director of Atrato Capital, the Investment Adviser to Supermarket Income REIT, said: \"The conclusion of this rent review underlines the attractive, annual RPI rent reviews that are a feature of all of our leases.\"\n \nFor further information, please contact:\n \nAtrato Capital Limited +44 (0)20 3790 8087\nBen Green\nSteve Windsor\nSteve Noble\n \n Stifel Nicolaus Europe Limited +44 (0)20 7710 7600\nMark Young\nNeil Winward\nTom Yeadon \n \n Tavistock +44 (0)20 7920 3150\nJeremy Carey\nJames Whitmore\nJames Verstringhe \n \nNOTES TO EDITORS:\nSupermarket Income REIT plc listed on the London Stock Exchange in July 2017. SUPR acquires UK supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term RPI-linked income, from institutional grade tenants and the potential for capital growth through active asset management. Atrato Capital is the Company's Investment Adviser.\...