Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property in the UK, announces that it has increased its unsecured facility with Sumitomo Mitsui Banking Corporation (“SMBC”) by £37.5 million to £104.5 million.

The interest-only facility matures in September 2026 and is priced at a margin of 1.55% above SONIA on the increase amount, with the existing £67 million remaining at a margin of 1.40% above SONIA, and is fully hedged for the term of the facility.

Following the acquisition announced on 22 March 2024, the Company has a pro-forma LTV of 34%.

Ben Green, Director of Atrato Capital Limited, the Investment Adviser to Supermarket Income REIT, said: 

“We are pleased to continue our relationship with SMBC, a key funding partner to the Company. Our strong relationships with existing lenders, and quality of the portfolio, continues to allow the Company to access debt financing at attractive margins.”