Tag: retail finance
-
Asda’s £600m Property Deals: What It Means for the Shop, Shoppers, and Stock Market
Overview: Asda’s Big Property Moves Asda, the British supermarket chain owned by private equity firm TDR Capital, has secured close to £600 million through two sale-and-leaseback transactions. The deals involve selling ownership of store properties to investors and immediately entering long-term lease agreements to continue operating the stores. In practical terms, Asda monetized its real…
-
Asda Sale-Leaseback Raises Almost £600m: What It Means for the UK Retail Giant
Overview: Asda’s asset-backed financing in a challenging retail moment UK supermarket chain Asda, owned by private equity group TDR Capital, has secured close to £600 million through two sale-and-leaseback transactions. The deals involve selling property assets to raise funds while continuing to operate stores under long-term lease agreements. The financing is aimed at shoring up…