Supermarket Income buys €60m Tesco supermarket at 5.1% yield
By Virna Asara2018-05-31T00:00:00+01:00
UK REIT Supermarket Income has announced the acquisition of a Tesco Extra supermarket in the north Lincolnshire town of Scunthorpe, England, from Legal and General Pensions for £53 mln (€60 mln), reflecting a net initial yield of 5.1%.