Macfarlanes advises Supermarket Income REIT Plc on property acquisitions and credit facility
The latest acquisition is of a Sainsbury’s store in Ashford for £80m. This follows the acquisition of two Tesco stores in Thetford and Bristol for approximately £71m in aggregate.
The Macfarlanes team was led by commercial real estate partner Nick Barnes and banking and finance partner Colin Morgan, with support from senior solicitors Mark Simms (real estate) and Laura Bretherton (finance). Further assistance on the real estate aspects was provided by senior solicitor Florien Stone and solicitors Rachael Ashton and Katy Rose.
Nick Barnes comments: “Having advised on its IPO, we were delighted to be appointed to advise Supermarket Income REIT Plc on its property acquisitions and financing requirements and to help complete those ahead of its target schedule”.
“Having advised on its IPO, we were delighted to be appointed to advise Supermarket Income REIT Plc on its property acquisitions and financing requirements and to help complete those ahead of its target schedule”.
