Supermarket Income REIT plc announced the acquisition of a Sainsbury's supermarket in Swansea, South Wales, and a Tesco supermarket in Maidstone, Kent, from Argo Real Estate Limited for a total purchase price of ?73.0 million (excluding acquisition costs), reflecting a combined net initial yield of 4.6%. The Sainsbury's store opened in 1989 and was refurbished in 2016. The 7.0 acre city centre site comprises a 65,000 sq ft net sales area supermarket, an 18-pump petrol filling station and over 500 car parking spaces. The store has a purpose-built online fulfilment centre which operates 16 vans, supporting Sainsbury's online grocery network across the region. It is being acquired with an unexpired lease term of 27 years, with five-yearly, upwards only, open market rent reviews. The Tesco site in Maidstone, Kent, was purpose built for Tesco in 1990 and extensively refurbished in 2007. This 7.0 acre site comprises a 39,000 sq ft net sales area supermarket, a 12-pump petrol filling station, 369 car parking spaces and a small parade of adjoining units. It is being acquired with an unexpired lease term of 13 years, with five-yearly, upwards only, open market rent reviews.