PropertyEU

Supermarket Income buys €60m Tesco supermarket at 5.1% yield

By Virna Asara 2018-05-31T00:00:00

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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%.

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