Announced
Financials
Tags
Majority
Friendly
Pending
Private Equity
supermarkets investment
Private Equity
United Kingdom
Joint Venture
Single Bidder
Private
Synopsis
Supermarket Income REIT, a real estate investment trust company, and British Airways Pension Trustees, a company established to hold the assets of the Airways Pension Scheme, are set to form a 50:50 joint venture. The joint venture investment will give the Supermarket Income REIT an interest in a large freehold high-quality portfolio of predominantly omnichannel supermarkets with strong property fundamentals.
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