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LONDON - Fitch Ratings Limited, the global credit rating agency, has reaffirmed the investment grade rating of Supermarket Income REIT plc (LSE: LON:SUPR), a real estate investment trust specializing in grocery property investments. The long-term Issuer Default Rating (IDR) remains at ’BBB+’ with a stable outlook, reflecting the company’s consistent performance and sound financial health.
Supermarket Income REIT’s portfolio comprises grocery stores that serve both online and in-person sales, catering to the evolving retail landscape. These properties are leased to leading supermarket operators across the UK and Europe, providing geographic and tenant diversification. The company’s investment strategy is focused on securing long-term, inflation-linked income streams, with aspirations for a progressive dividend and capital growth over time.
The stable rating by Fitch underscores the REIT’s strong fundamentals, including its long-dated, secure income, and the essential nature of its assets within the nation’s infrastructure. The rating agency’s commentary, available on their website, provides further details on the rationale behind the maintained rating.
Supermarket Income REIT is listed on the London Stock Exchange (LON:LSEG)’s Main Market and also has a secondary listing on the Johannesburg Stock Exchange in South Africa. Its investment adviser, Atrato Capital Limited, along with Stifel Nicolaus Europe Limited and Goldman Sachs International, serve as financial advisors, ensuring compliance with regulatory requirements and providing strategic counsel.
This confirmation of the company’s rating is based on a press release statement and highlights the trust’s stable financial position, which is instrumental for investors seeking reliable and growing returns in the real estate sector. The information is sourced from RNS, the news service of the London Stock Exchange, and is subject to terms and conditions regarding its use and distribution.
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