Supermarket Income REIT is set to raise £100 million through a rights issue to acquire nine grocery assets, aiming to double its portfolio size and enhance shareholder returns.

Supermarket Income REIT is set to raise £100 million through a rights issue to acquire nine grocery assets, aiming to double its portfolio size and enhance shareholder returns.

The fundraising comes as the group trades at a premium to net asset value after a period of strategic expansion and balance-sheet restructuring