PropertyEU

Tesco in EUR 661 mln property venture

By A staff reporter 2007-01-04T00:00:00

Tesco has announced it is to raise £445 mln (EUR 661 mln) by selling 16 of its stores to a 50/50 joint venture establishment with the British Airways Pension Fund. The move is part of a scheme unveiled in April last year to realise up to EUR 5 bn over ...

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