Supermarket Income REIT PLC

Regulatory Filings • Nov 5, 2018

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RNS Number : 3636G

Supermarket Income REIT PLC

05 November 2018

SUPERMARKET INCOME REIT PLC

(the "Company")

LEI: 2138007FOINJKAM7L537  

AGREED RENT increases: TESCO THETFORD SUPERMARKET AND SAINSBURY'S ASHFORD SUPERMARKET

Supermarket Income REIT (LSE: SUPR), the supermarket real estate investor, announces that the annual rent reviews at its Sainsbury's supermarket in Ashford and its Tesco supermarket in Thetford have been concluded.

As a result of the reviews, the rent on the Sainsbury's supermarket in Ashford will increase from £3,820,092 to £3,934,694 as of September 2018, resulting in an RPI increase capped at 3%, and the rent on the Tesco superstore in Thetford will increase from £2,558,300 to £2,643,043 as of December 2018, resulting in an RPI increase of 3.3%.

After the review, the annualised rental income of the portfolio will be £16.5 million.

Ben Green, Director of Atrato Capital, the Investment Adviser to Supermarket Income REIT, said: "The conclusion of these reviews underlines the attractive RPI-linked rental uplifts that are a feature of all our leases".

For further information, please contact:

Atrato Capital Limited                                  +44 (0)20 3790 8087

Ben Green

Steve Windsor

Steve Noble

Stifel Nicolaus Europe Limited                   +44 (0)20 7710 7600

Mark Young

Neil Winward

Tom Yeadon      

Tavistock                                                          +44 (0)20 7920 3150

Jeremy Carey

James Whitmore

James Verstringhe         

NOTES TO EDITORS:

Supermarket Income REIT plc is listed on the London Stock Exchange. 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.

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