Supermarket Income REIT
From Wikipedia, the free encyclopedia
 | |
| Company type | Public limited company |
|---|---|
| LSE: SUPR | |
| Industry | Property investment |
| Founded | 2017 |
| Headquarters | , |
Key people |
|
| Revenue |  £114.0 million (2025)[1] |
| £106.5 million (2025)[1] | |
| £61.5 million (2025)[1] | |
| Website | www |
Supermarket Income REIT is a British property investment company which invests in retail property and holds a large portfolio of supermarket buildings. It is structured as a real estate investment trust (REIT) that is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[2]
The company was launched on the London Stock Exchange in July 2017 and used the proceeds to purchase a series of supermarkets with the main supermarket chains as its tenants.[3] The company, together with its joint venture partner, British Airways Pension Trustees, acquired British Land's 25.5% stake in a portfolio of supermarkets in May 2020.[4] It went on to buy a large supermarket in Newmarket in July 2020,[5] a large supermarket in Bracknell in September 2020[6] two supermarkets, one in Melksham and one in Winchester in January 2021,[7] five supermarkets in the northwest of England in September 2021,[8][9] a supermarket in Cannock in December 2021[10] and a supermarket in Cwmbran in January 2022.[11]
Sainsbury's exercised its option to acquire thirteen stores, which it occupied, from the company and its joint venture partner, British Airways Pension Trustees, in September 2021[12] and then bought a further eight stores, which it occupied, from the company and its joint venture partner in January 2022.[13] The company raised an additional £175 million to buy supermarkets in April 2022.[14][15]
By April 2022, the company had raised funds nine times for the purposes of building its portfolio of supermarkets; by that time the company owned 41 supermarkets directly and partially owned another 26 supermarkets through its joint venture with British Airways Pension Trustees.[16][17]
In December 2025, it was announced the company had acquired three UK supermarket properties for £97.6 million as part of an expansion of its grocery-focused portfolio. The acquisition comprised stores operated by Tesco, Sainsbury's and Waitrose, all of which are let on long-term, inflation-linked leases.[18]