| 23.06.2009 - Tesco makes second property pledge to pension |
| From IPE: Tesco, the global supermarket chain, has signed another sale-and-leaseback deal with pension fund trustees, which will see the fund take a 50% stake in assets worth £458m (€543.5m). A statement issued by the company said this is the latest phase of the supermarket giant’s programme to “release value from its UK property portfolio”.........Full Article (Subscription Required) : Source |