20 Nov 2025

Simmons & Simmons advises Supermarket Income REIT plc on acquisition of 20 Carrefour supermarkets in France

"Simmons & Simmons advised Supermarket Income REIT plc on the €123 million (excl. acquisition fees) sale & leaseback acquisition of 20 Carrefour supermarkets totalling 44,000 m² across France. This is the firm’s third major transaction for the client in France following prior acquisitions in 2023–2025."

Simmons & Simmons advised Supermarket Income REIT plc on the acquisition of a portfolio of 20 Carrefour supermarkets in France. The transaction, structured as a sale & leaseback, comprises 20 Carrefour supermarkets with a combined gross area of approximately 44,000 m² and an agreed value of €123 million, excluding acquisition fees. The assets are located across France and will allow Supermarket Income REIT to extend its portfolio into new geographic areas. This is the third acquisition for which Simmons & Simmons has acted for Supermarket Income REIT plc in France, following the group’s initial property purchase in 2023–2024 of 17 Carrefour supermarkets and a subsequent acquisition of nine further supermarkets in early 2025. Simmons & Simmons represented Supermarket Income REIT plc with a team composed by: Elisa Bocianowski, Partner, who led and coordinated the multidisciplinary team; Louis Delestrée, Counsel, with Antoine Delagrange and Victoire Potel on real estate matters; and Chloë Nessim, Partner, with Leïla Chikhi, Carla Calvet-Scalia and Julien Luydlin on tax matters.
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