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Share Name Share Symbol Market Type Share ISIN Share Description
Supermarket Income Reit Plc LSE:SUPR London Ordinary Share GB00BF345X11 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.42% 119.50 119.00 119.50 119.25 118.75 118.75 6,425,451 16:35:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 0.0 82.0 12.6 9.5 1,177

Supermarket Income Reit Share Discussion Threads

Showing 526 to 549 of 675 messages
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
DateSubjectAuthorDiscuss
10/9/2021
09:18
well that was an interesting update
financeguru
09/9/2021
16:00
Or will the recent supermarket acquisition trend push up the share price?
wad collector
06/9/2021
18:18
Increased competition will drive up prices and reduce yields.
alan@bj
06/9/2021
17:26
From the ever excellent React News Universities Superannuation Scheme (USS), the principal pension pot for universities and higher education institutions in the UK, has acquired a supermarket in Kent for over £55m, React News can reveal.USS Investment Management, a subsidiary that looks after the investment management of fund's assets, has bought a Sainsbury's store in Herne Bay. The asset was sold by investment manager Invesco Real Estate.The property, located on the Altira Business Park, is let to Sainsbury's on a long-term lease with close to 20 years until expiry. The store is circa 100,000 sq ft.The deal represented a net initial yield of sub-4.25%, sources confirmed.Supermarket sales leading rebound in retail transactionsFoodstores received £780m of investment in the first six months of 2021, according to Knight Frank's Retail Investment Update, with REITs and institutional buyers such as USS attracted to the longer leases and covenant profiles of the big four grocers.Knight Frank forecasts total UK retail investment could exceed £6bn in 2021, the highest level since 2017Abrdn recently bought a Sainsbury's in Wimbledon off a net initial yield of 3%, as revealed by React News, as the rush to pick up stores continues.Savills advised Invesco. Colliers International represented USS.All parties declined to comment.
williamcooper104
03/9/2021
15:10
Or, it's off 3.5p having risen 15p. There had previously been some aggressive buying, so it is not a "fluctuation of concern" yet.
chucko1
03/9/2021
14:05
Possibly concerns about supermarket operators all being taken over by PE and leveraged up reducing covenant strength and/or fears that new PE owners will flood the markets with sale and leasebacks Both fears (IMO) overdone, to the extent to which the industry will see further PE bids and to extent to which any future PE owners will sale and leaseback food stores
williamcooper104
03/9/2021
13:37
Any ideas why this has begun dropping? It's not that far above nav and another equity raise has not been mooted for a while :-)
return_of_the_apeman
11/8/2021
18:36
That's probably true; there's a level of inflation that few assets/income streams can keep up with. I think it was RESI who said that they expected their uncapped RPI leases to be renegotiated if RPI was excessive And of course when retail rents become unsustainable the tenants/their lenders have the CVA (and the new US style court cram down power) to screw land lords with The best asset for inflation (IMO) is commerical ground rents (too much political risk with resi ground rents) - unfortunately the L&Gs of the world have been gobbling them up for their annuity books and thus there's no way of getting retail exposure
williamcooper104
11/8/2021
13:08
Given intense competition, can supermarket earnings keep up with higher inflation? Beyond a certain level, probably not.Hence a cap at around 4pc might simply accept reality.
jonwig
11/8/2021
12:38
The RPI is caped at around 4 - which is the CPI equivalent at nearly 5 Many new long leases are struck at CPI caped at 3 So while in a sustained high inflation environment we won't see a full pass through of inflation we will still do better than most comparable investments Don't forget that the floor helps too in that if you have lots of inflation volatility (which seems likely in the coming decade) then there will be years when the floor gives you a higher rental increase than inflation
williamcooper104
10/8/2021
17:35
There was a similar 'anomaly' on the 18th June. I'm surprised it's allowed as a closing price given that trading today has been within the 121-2 spread but there you go. It certainly paints a bullish chart if there's another fundraising in the offing.
drg
10/8/2021
17:27
Similar to the spike in mid June, returned to normal the next day
makinbuks
10/8/2021
17:24
Yep; just wondering about that
williamcooper104
10/8/2021
17:14
32,000 UT at 125. Hmmmm. That's a reasonable size trade well above the days offer
cwa1
06/8/2021
23:16
One problem is Specialist listing when it come to issues. Wife has a few from way back but CSD wouldn’t let her buy more, so we moved funds AJB for both of us and they had no problems. We have around 100k. An observation is that the RPI collar may have negative consequences.
bscuit
05/8/2021
15:56
Transient (is the word). Or is it transitory?
chucko1
05/8/2021
14:31
BoE seeing CPI getting to 4 percent, so that would be RPI getting close to 5 percent
williamcooper104
04/8/2021
13:09
And it's pretty well all trading at offered side. VWAP on the day of 120.95.
chucko1
04/8/2021
11:21
Mr 250k is back again, he is getting quite a chunk
nerja
02/8/2021
10:59
The gift that just keeps giving! Love it !
financeguru
29/7/2021
11:19
He is back again with 250k buys
nerja
29/7/2021
07:26
Indeed, someone is hungry
return_of_the_apeman
28/7/2021
16:25
Some more 250k and 500 k buys going through again
nerja
27/7/2021
17:54
Nice volume today and over a million bought towards the close
return_of_the_apeman
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
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