Sainsbury's Reversion Portfolio
Sector: Commercial • Location: United Kingdom
Source: Financial Conduct Authority (FCA)
Acquisition of a 25.5% beneficial interest in the Sainsbury's Reversion Portfolio, increasing the Company's stake to 51.0%. The portfolio comprises freeholds to 26 Sainsbury's supermarkets in the UK. The acquisition was funded by a £196 million debt facility. The portfolio includes 21 Option Stores to be acquired by Sainsbury's for £1,040 million in two tranches in 2023. The remaining five stores
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
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Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Acquisition of a 25.5% beneficial interest in the Sainsbury's Reversion Portfolio, increasing the Company's stake to 51.0%. The portfolio comprises freeholds to 26 Sainsbury's supermarkets in the UK. The acquisition was funded by a £196 million debt facility. The portfolio includes 21 Option Stores to be acquired by Sainsbury's for £1,040 million in two tranches in 2023. The remaining five stores are held proportionally between the Company and Sainsbury's with new 15-year leases on four stores. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |