Source - Alliance News
Supermarket Income REIT PLC - real estate investment trust dedicated to investing in supermarket property - Increases target size of placing to £300 million from £175 million, following strong level of support received from potential investors, and the investment adviser’s confidence in acquiring assets from the pipeline.
Earlier in April, the trust first launched a placing to raise £175 million, which was to go towards making additional investments.
Current stock price: 123.79 pence
12-month change: up 9.6%
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