Tesco closes £605m sale-and-leaseback deal

By A staff reporter 2008-08-25T00:00:00

UK retail giant Tesco has completed four sale-and-leaseback transactions in the latest phase of its ongoing £5bn disposal programme aimed at releasing value from its UK property portfolio. The £605mln (EUR 760mln) disposals consist of 13 Tesco stores with total floor space of 158,000 m2, accounting for around 2.4% of ...

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