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Supermarket Income REIT buys two stores for £83m

Supermarket Income REIT has acquired a Tesco superstore, M&S Foodhall and an Iceland in Chineham, Basingstoke, and also an Asda supermarket in Carcroft, Doncaster, for a total purchase price of £82.9 million (excluding acquisition costs), reflecting a combined net initial yield of 4.9%.

The 18.7 ac...