IN BRIEF: Supermarket Income REIT JV buys 10 Asda store properties
Supermarket Income REIT PLC - London-based real estate investment trust for property leased to grocery retailers - Says its joint venture has acquired 10 omni-channel Asda supermarkets in a sale and leaseback transaction for GBP196 million. Back in April, Supermarket Income REIT formed a joint venture with funds managed by Blue Owl Capital. The handpicked portfolio of Asda stores generates significant sales volumes from within "highly desirable catchment areas", the trust says. Read More