Supermarket Income REIT’s £200 Million Fundraise

In UK Macfarlanes LLP, advised on the matter.

Macfarlanes LLP advised Supermarket Income REIT PLC with a team including Robert Boyle (Picture – Equity Capital Markets), Jeremy Moncrieff (Tax Corporate).

The £200m fundraise was made by means of a placing and offer for subscription, substantially exceeding the maximum initial target for the raise of £100m.
The transaction includes an ongoing placing programme.

Macfarlanes has advised Supermarket Income REIT on a significant number of equity raises in the years following its IPO in 2017, on which the firm also advised.

The Macfarlanes team was led by corporate and M&A partner Robert Boyle (Picture) alongside senior counsel Mark Slade and solicitor Bryony Foley. Tax expertise was provided by partner Jeremy Moncrieff.

Involved fees earner: Robert Boyle – Macfarlanes LLP; Jeremy Moncrieff – Macfarlanes LLP; Mark Slade – Macfarlanes LLP;

Law Firms: Macfarlanes LLP;

Clients: Supermarket Income REIT PLC;

Author: Giulia Di Palma