Edison issues report on Supermarket Income REIT (SUPR)

Summary by AI BETAClose X

Supermarket Income REIT (SUPR) has successfully raised £100 million in gross proceeds through a placing and retail offering, which, combined with leverage, will fund the acquisition of nine assets valued at approximately £216 million. This strategic move is expected to enhance SUPR's EPS in the first full year and improve share trading liquidity and shareholder appeal. The company anticipates its performance for the year ended 30 June 2026 will be in line with expectations, with results to be announced in September.

Disclaimer*

UK 100

Latest directors dealings