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SUPR acquires Tesco supermarket for £34.7m

Supermarket Income REIT has acquired a Tesco omnichannel supermarket in Stoke-on-Trent, Staffordshire, for a total purchase price of £34.7 million (excluding acquisition costs), reflecting a net initial yield of 7.5%. The REIT also announced that´s manager has made amendments to its investment advisory agreement to protect itself in the event…

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