Supermarket Income REIT plc (LSE:SUPR) acquired Sainsbury's and Tesco Supermarket from Argo Real Estate Limited for £73 million on November 16, 2021. The transaction is financed using the proceeds of recently oversubscribed equity issue.

Supermarket Income REIT plc (LSE:SUPR) completed the acquisition of Sainsbury's and Tesco Supermarket from Argo Real Estate Limited on November 16, 2021. Barry Gross, Patrick Johnson, Laura Patao-Caminas, Faizan Hashmi, Richard Harbot and Claire Watson of Bryan Cave Leighton Paisner LLP acted as legal advisor to Argo Real Estate Limited.