Supermarket Income REIT's 'internalisation' plan is 'very sensible', says broker
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Supermarket Income REIT is internalizing its management by ending its external advisory deal with Atrato Group, a move praised by broker Peel Hunt. The internalization will cost £19.7 million, funded by the sale of a Tesco store.
March 04, 2025 | 1:30 pm
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Supermarket Income REIT is internalizing its management, ending its external advisory deal with Atrato Group for £19.7 million. This strategic move is funded by the sale of a Tesco store and is seen as sensible by broker Peel Hunt.
The internalization of management is a strategic move that could lead to cost savings and more direct control over operations. The positive reception by Peel Hunt suggests investor confidence, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100