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Supermarket Income REIT Buys Stoke Tesco for £34.7 Million

Store Acquisition Being Funded Via Revolving Credit Facility
The Tesco is on Lysander Road in Stoke-on-Trent. (CoStar)
The Tesco is on Lysander Road in Stoke-on-Trent. (CoStar)
CoStar News
March 22, 2024 | 9:40 AM

Supermarket Income REIT, the real estate investment trust focused on UK grocery property, has bought a Tesco omnichannel supermarket on Lysander Road in Stoke-on-Trent, Staffordshire, for £34.7 million, reflecting a net initial yield of 7.5%.

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