UK's Supermarket Income REIT nabs $76.4 mln Sainsbury’s in Cheltenham

10/12/2019 8:52:00 AM (GMT)

British real estate investment trust company Supermarket Income REIT revealed that it has purchased Sainsbury’s supermarket in Cheltenham.

Supermarket Income REIT bought the property in the south-west of England from London-based financial services company Legal & General.

With a total investment of 60.4 million pounds ($76.4 million), Supermarket Income acquired the supermarket, which has a 12-pump petrol filling station and more than 390 parking spaces.

Originally developed in the 1980s, the 62,000 square foot store was extensively refurbished and extended in 2007.

Supermarket Income REIT

All success stories are prepared by Investsize editors which is selecting elite and remarkable information from press releases and anonymous news sources.There is no charge applied for any success stories which is published . Those published success stories are not investment advices and doesnt offer recommendations Alternate Text