Food Retail |
Nationwide, Portugal
Eight stand-alone supermarkets in Portugal, all single-let to Continente (Portugal’s top grocer). The tenant has a 5A1 credit rating offering stable, low-risk income.
Facts & Figures
Food Retail
Core
Under management
EPC B
All assets
8
supermarkets
5A1
credit rating
20 years
lease per asset
Key
tourist location
About the asset
- The portfolio comprises eight stand-alone supermarkets across Portugal, all single-let to Continente, the country’s leading grocery retailer with a strong 5A1 credit rating, indicating minimal risk.
- Each property is secured by a 20-year triple-net lease, providing long-term income stability.
- Key asset management initiatives focus on maintaining strong tenant relationships and enhancing ESG performance across the portfolio. Proactive lease extension negotiations are planned ahead of any potential disposal to maximise the WAULT at exit, supporting long-term value.
- All assets are equipped with roof-mounted photovoltaic (PV) panels, contributing to renewable energy generation and reduced environmental impact. Additionally, every property holds an EPC rating of ‘B’, reflecting a strong baseline for energy efficiency.
- These initiatives align with sustainability goals of the strategy while reinforcing income stability and operational resilience, making the portfolio attractive to long-term, ESG-conscious investors.
NOTE: Image is for illustrative purposes only and is used to convey likeness; it does not depict the actual asset referenced in this case study.