Supermarket Income REIT expands into Europe after buying stores from French retailer in £64m deal Property Supermarket Income REIT has acquired a portfolio of popular supermarkets in France for €75.3m (£64.4m), reflecting a net initial yield of 6.3 per cent.
Tesco and Sainsbury’s landlord reports profit boom despite declining assets Investment trusts Supermarket Income REIT, which rents out properties to some of the UK's biggest supermarkets, saw operating profit jump 18 per cent last year, even as its net assets dropped eight per cent in the same period.