Atrato Capital on Supermarket Income REITβs growth strategy; benefits of internalisation
Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) fund manager Robert Abraham and finance director Michael Perkins take Proactive's Stephen Gunnion through the companyβs interim results for the six months to December 2024. Abraham highlighted the companyβs strategic progress, including cost reductions through the proposed internalisation of its management team, asset disposals, and lease renewals. He noted that a recent disposal to Tesco demonstrated the value of these assets, selling at a 7% premium to book value. The lease renewals extended three short-term leases to 15 years at significantβ¦