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Supermarket Income REIT Buys Morrisons Store in Telford for £14.3m

Transaction Represents Net Initial Yield of 5%
Morrisons supermarket in Telford (Image provided by Supermarket Income REIT)
Morrisons supermarket in Telford (Image provided by Supermarket Income REIT)
CoStar News
August 10, 2020 | 8:05 AM

Supermarket Income REIT has announced the acquisition of a Morrisons supermarket in Telford from Santander Trustees Limited for £14.3m excluding acquisition costs, reflecting a net initial yield of 5%.

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