Supermarket Income REIT posts strong performance

By
Simon Creasey

Share this:

Supermarket Income REIT has recorded a strong financial performance for the year ended 30 June 2022, delivering a total shareholder return of 7%. Its EPRA NTA per share increased by 7p in the year to 115p – a 6% increase – and the value of its direct portfolio rose by £432.2m.  

Nick Hewson, chairman of Supermarket Income REIT, said: “I am pleased to be reporting another set of strong full year results for the company. This has been another significant year of growth and one in which we achieved the important milestones of being added to the premium segment of the London Stock Exchange and the FTSE 250 index.

“During the year, our direct portfolio has benefitted from a 3.7% like-for-like increase in valuation delivering a 6% increase in EPRA NTA to 115p per share as at 30 June 2022. Since our IPO in 2017, we have delivered a 48% total shareholder return.

“At a time of considerable unpredictability and uncertainty especially for our economy, we believe our portfolio of targeted, sector specific real estate assets will continue to deliver stable, long-term, and growing income to our shareholders.”

Get the latest news!

Don’t miss our top stories and need to know news every day in your inbox.