Supermarkets
Asda owners eye £500m property deal
According to React News, Macquarie Asset Management is close to acquiring ground rent leases linked with around 50 Asda stores in the UK
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2023/08/1914-cannock-copy-1-scaled-e1693474040336-895x540.jpg?lossy=1&strip=1&webp=1)
The Issa brothers could reportedly offload a further “chunk” of Asda’s property portfolio to an Australian finance house in a deal estimated to be around £500m.
You'll need to
subscribe to unlock this content. Already subscribed? Login?