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Supermarket Income REIT posted an improved full-year performance after it boosted rent collections.
The company's total shareholder return for the year through June was 8%, unchanged from the previous year, but beating the UK REIT sector return of minus 6%, it said.
Its EPRA net asset value per share -- an underlying measure of performance -- rose 1% to 97p.
Annualised passing rent rose 40% to £19.2m and the company declared quarterly dividends per share of 1.419p, up 3.2% on-year.
'I am delighted to report to you another year of strong performance by the group in which we have again generated an 8% total return for our shareholders,' chairman Nick Hewson said.
'We have continued to implement our highly specific investment strategy and deliver on our performance targets.'
'In an extremely challenging market for retail commercial real estate, I am pleased that our focused strategy of investing solely in grocery assets is being recognised by the market.'
At 8:30am: (LON:SUPR) Supermarket Income Reit Plc share price was +0.5p at 106.5p