Supermarket Income REIT bucks high street gloom – in its results for the 13 months ended 30 June 2019, Supermarket Income REIT reports:
- 8.0% total shareholder return for the year vs UK REIT sector return of minus 6%;
- Four quarterly dividends totaling 5.6 pence per ordinary share (2018: 5.5 pence);
- Quarterly dividends up 3.2% since September 2018 in line with UK RPI inflation;
- Investment properties independently valued on 30 June 2019 at GBP368.2 million (2018: GBP264.9 million);
- 4.8% growth above the acquisition price (excluding acquisition costs) and 1.3% on a like for like basis;
- 3.2% average rent review increase (2018: 3.6%) in line with UK RPI inflation
SUPR : Supermarket Income REIT bucks high street gloom
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