– UK, London – Supermarket Income REIT Plc (LON: SUPR) the real estate investment trust providing investors with exposure to secure, inflation-protected, long income supermarket properties in the UK today announced the appointment of Cathryn Vanderspar as a non-executive director of the Company with immediate effect.
“I am delighted to welcome Cathryn to the Board as a non-executive director. Her significant real estate and funds experience will be invaluable to the Company and we look forward to working with her,” said Nick Hewson, non-executive Chairman.
About Cathryn Vanderspar
Cathryn has more than 20 years’ experience as a real estate lawyer and is Head of Real Estate Tax at Travers Smith LLP. Cathryn specialises in direct and indirect real estate with experience in unauthorised, authorised and listed funds, across all types of vehicle and asset classes, including real estate, debt and private equity. Cathryn is an active member of the HMRC and HMT working groups and is the author of the tax chapter on REITs in Tolleys Taxation of Collective Investment.
About Supermarket Income REIT Plc
Supermarket Income REIT Plc is a real estate investment trust dedicated to investing in supermarket properties that form a key part of the future omnichannel model of grocery and let to leading UK supermarket operators.
The Company provides investors with attractive, long-dated, secure, inflation-linked, growing income with the potential for capital appreciation over the longer term and targeting a 7% to 10% p.a total shareholder return over the medium term. The Company has increased its dividend target for the year ending 30 September 2020 in line with UK RPI inflation to 5.80 pence per share, payable in quarterly instalments.
The Company’s ordinary shares were admitted to trading on the Main Market of the London Stock Exchange, Specialist Fund Segment, on 21 July 2017.
For more information: https://www.supermarketincomereit.com
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