Latest Breaking News On - Standard life investments long lease fund - Page 1 : comparemela.com

“The property has strong underlying fundamentals and forms a key part of the Tesco online fulfilment network. Supermarket Income REIT PLC (LON:SUPR) acquired a Tesco-occupied supermarket in Colchester, Essex from the Standard Life Investments Long Lease Fund for £63mln. Excluding acquisition costs, the purchase price represents a net initial yield of 4.5%, the REIT said. The site was refurbished in 2011, it added, and comprises a 54,300 sq ft net sales area supermarket, a 16-pump petrol filling station and 570 parking spaces. The store has several online fulfilment distribution docks supporting Tesco s online grocery business across the region. It is being acquired with an unexpired lease term of 19 years, with annual, upwards only, inflation-linked rent reviews.

United kingdomBen greenStandard life investments long lease fundAtrato capitalCollective investmentsReal estateSupermarket income reit plcLon suprஒன்றுபட்டது கிஂக்டம்பென் பச்சைகூட்டு முதலீடுகள்