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Supermarket Income REIT acquires Worcester Tesco for £38.3m

Supermarket Income REIT announces the acquisition of a Tesco omnichannel supermarket in Worcester, for a total purchase price of £38.3 million (excluding acquisition costs), reflecting a net initial yield of 6.0%.

Tesco has been operating at the 6.5 acre site for over 30 years. The site comprises a...