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Supermarket Income REIT Plc ( (GB:SUPR) ) has provided an update.
Supermarket Income REIT plc announced its successful secondary listing on the Main Board of the Johannesburg Stock Exchange (JSE), effective from December 13, 2024. The move is expected to increase its investment profile, enhance trading liquidity, and diversify its shareholder base, thereby strengthening its market positioning in the grocery property sector.
More about Supermarket Income REIT Plc
Supermarket Income REIT plc is a real estate investment trust focused on grocery properties, a vital part of the food supply infrastructure. The company invests in omnichannel grocery stores, which handle both online and in-person sales, with properties leased to major supermarket operators in the UK and Europe. The company aims for secure, inflation-linked, long-term income and offers opportunities for capital growth.
YTD Price Performance: -13.51%
Average Trading Volume: 4,263,859
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £864.9M
For a thorough assessment of SUPR stock, go to TipRanks’ Stock Analysis page.