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Supermarket Income REIT acquires Tesco in Sheffield for £73.2m

Supermarket Income REIT announces the acquisition of a Tesco supermarket in Sheffield, Yorkshire, for a purchase price of £73.2 million (excluding acquisition costs), representing a net initial yield of 4.5%.

The store was developed for Tesco in 2011 and occupies a 7.0 acre site comprising an 88,00...