Supermarket Income REIT makes directorate appointment

Supermarket Income REIT has appointed Sapna Shah as a non-executive director with immediate effect.

Shah has extensive experience in the investment banking industry, spending 20 years advising UK companies including real estate investment trusts (REIT).

In January 2021, she was appointed as a non-executive director of The Association of Investment Companies and is a member of the remuneration committee. Shah also holds the role of senior advisor at Panmure Gordon and has previously worked in senior investment banking roles at UBS AG, Oriel Securities (now Stifel Nicolaus Europe), and Cenkos Securities.

Supermarket Income REIT has full or part ownership of 76 UK supermarkets, across the Tesco, Sainsbury’s, Morrisons, Waitrose, Aldi, M&S, and Asda brands.

The REIT recently saw its portfolio valued at £1.63bn, representing a fall of 13.3% on a like-for-like basis over six months.