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Supermarket Income REIT acquires Tesco Extra in Newmarket for £61m

Supermarket Income REIT announces the acquisition of the Tesco Extra in Newmarket, Suffolk, from Standard Life Pooled Pension Property Fund for £61.0 million (excluding acquisition costs), reflecting a net initial yield of 4.6%.Tesco has a long history of trading from this prominent 9-acre site whi...[…]