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Deal Date: 18-09-2017 Practice Area: Real Estate
Deal Title: Supermarket Income REIT Plc Acquisition of Ashford Store Industry: Real Estate Investment Trusts
Description:
Macfarlanes advised Supermarket Income REIT Plc on its first three property acquisitions and its related GBP100 million revolving credit facility with HSBC. The third acquisition was of a Sainsbury's store in Ashford for GBP80m. This followed the acquisition of two Tesco stores in Thetford and Bristol for approximately GBP71m in aggregate.
Financial Center: London Value: 100.01-500.00
Advised Party: Purchaser Law Firm
Real Estate Jurisdiction United Kingdom Purchaser Jurisdiction United Kingdom
Classification: Real Estate Acquisitions and Disposals Retail Parks
Lawyer Nick Barnes