Supermarket Income REIT has acquired a portfolio of supermarkets via a sale-leaseback transaction with Waitrose & Partners for £74.1 million (€81.7 million/$92.6 million).
The portfolio comprises six freehold supermarkets with an average gross internal area of 32,000 square feet.
Ben Green, director of Atrato Capital, the investment adviser to Supermarket Income REIT, said, “We are very pleased with this transaction. All of the stores have an impressive trading record and are complementary to our existing portfolio, providing further tenant and geographic diversification.”