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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
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