Supermarket Income REIT PLC Appointment of Justin King to Investment Advisor (0935T)
18 March 2019 - 6:00PM
UK Regulatory
TIDMSUPR
RNS Number : 0935T
Supermarket Income REIT PLC
18 March 2019
SUPERMARKET INCOME REIT PLC
(the "Company")
LEI: 2138007FOINJKAM7L537
APPOINTMENT OF JUSTIN KING TO INVESTMENT ADVISOR
Supermarket Income REIT (LSE:SUPR), the UK supermarket real
estate investor, announces that Atrato Capital ("Atrato"), the
Investment Advisor to Supermarket Income REIT, has appointed Justin
King as a senior advisor with effect from 18 March 2019.
Justin is recognised as one of the UK's most successful grocery
sector leaders, having served as Chief Executive of J Sainsbury plc
for 10 years until 2014. Prior to that, he was part of the
leadership team at Marks & Spencer plc and previously held
senior roles at Asda. He, therefore, brings a wealth of experience
of the grocery sector and a deep understanding of grocery property
strategy.
Ben Green, Principal at Atrato, commented: "We are delighted
that Justin has agreed to join us. It will be enormously valuable
to have his experience, wisdom and insight at Atrato".
Nick Hewson, Chairman of Supermarket Income REIT, added:
"Justin's appointment complements a best-in-class supermarket
property advisory team at Atrato. He will be a great addition to a
strong team".
Commenting on his appointment, Justin King said: "I look forward
to joining the Atrato team and playing my part in investing in
supermarket property forming a key part of the future model of UK
grocery".
Justin will continue to serve as Vice Chairman of Terra Firma
Capital Partners and on the Public Interest Body of PwC and on the
board of Marks & Spencer plc. He has previously served as a
director of Staples and was a Board member of the London Organising
Committee of the Olympic and Paralympic Games. He was also a member
of the Prime Minister's Business Advisory Group.
For further information, please contact:
Atrato Capital Limited +44 (0)20 3790 8087
Ben Green
Steve Windsor
Steve Noble
Stifel Nicolaus Europe Limited +44 (0)20 7710 7600
Mark Young
Neil Winward
Tom Yeadon
Tavistock +44 (0)20 7920 3150
Jeremy Carey
James Whitmore
NOTES TO EDITORS:
Supermarket Income REIT plc is listed on the London Stock
Exchange. SUPR acquires UK supermarket sites that form a key part
of the future model of grocery in the United Kingdom. SUPR aims to
provide long-term RPI-linked income, from institutional grade
tenants and the potential for capital growth through active asset
management. Atrato Capital is the Company's Investment Adviser.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCGGUPUWUPBGCM
(END) Dow Jones Newswires
March 18, 2019 03:00 ET (07:00 GMT)
Supermarket Income Reit (LSE:SUPR)
Historical Stock Chart
From Apr 2024 to May 2024
Supermarket Income Reit (LSE:SUPR)
Historical Stock Chart
From May 2023 to May 2024