J Sainsbury completed the acquisition of the remaining 49% stake in a portfolio of its supermarkets from Supermarket Income REIT for £431m.

J Sainsbury, the second largest chain of supermarkets in the United Kingdom, completed the acquisition of the remaining 49% stake in a portfolio of its supermarkets from Supermarket Income REIT, a property company, for £431m. "We are pleased to have reached a positive outcome to conclude our joint venture and look forward to continuing to work with Supermarket Income REIT in the future," Patrick Dunne, Sainsbury's Director of Group Property, FM & Procurement.