Supermarket Income REIT has bought six supermarkets for a total purchase price of £113.1m (€132.8m), excluding acquisition costs.
The listed UK grocery property investment trust said the assets – which were acquired from different vendors – consist of a Tesco in Prescot, two Morrisons in Durham and Cumbria, an Aldi in Oldham and an Aldi and M&S Foodhall site in Liverpool.
Supermarket Income REIT said the Tesco in Prescot, Merseyside is being acquired from an undisclosed vendor for £50m. The Morrisons in Murton, Durham was acquired from Janus Henderson UK Property PAIF for £18.4m and the Morrisons in Workington, Cumbria was acquired from Land Securities Group for £28.9m.
The Aldi in Oldham, Greater Manchester was acquired from OPP Investments for £5.6m, Supermarket Income REIT said, adding that the Aldi and M&S Foodhall in West Derby, Liverpool was acquired from London Metric Property for £10.2m.
Ben Green, director of Atrato Capital, the investment adviser to Supermarket Income REIT, said: “These acquisitions provide geographic and tenant diversification, with the purchase of our first M&S Foodhall, as well as exposure to a number of high-quality omnichannel supermarket assets.
�With an aggregate WAULT of 15 years, they support our strategy to deliver attractive long term income.�
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