Supermarket Income Reit (SUPR), a prominent Real Estate Investment Trust (REIT) focused on supermarket properties in the UK and France, is set for a secondary listing on the Johannesburg Stock Exchange (JSE).
Effective from 13 December 2024, the company’s ordinary shares will be available on the Main Board under the symbol ‘SRI’.
The listing comes as SUPR, which is also listed on the London Stock Exchange, continues its growth trajectory in the growing omnichannel supermarket market, holding a diversified portfolio valued at £1.78 billion across 73 properties.
This move, the group said, enhances its global reach, with a focus on high-demand, mission-critical properties leased to top UK and French grocery brands such as Tesco, Carrefour, and Sainsbury’s.
SUPR aims to provide investors with stable, long-term returns through its expertly managed portfolio and solid relationships with leading grocery operators.
SUPR’s portfolio, valued at £1.78 billion, is well-positioned to benefit from the growing UK and French grocery markets. The UK market is expected to grow 5.8%, with online grocery sales increasing, while France’s market is projected to rise 2.1%, the group said.
The group’s exposure is as follows:
Tenant Exposure by valuation (based on 30 June 2024 valuation)
