realestate

Lidl Lands Key Property in Strategic Expansion Move

The Barkby Group PLC releases update on £70m deal between Roadside Real Estate and Meadow Real Estate Fund VI LP.

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oadside Real Estate PLC has made a significant move in partnership with Meadow Real Estate Fund VI LP. They've secured a £70 million deal to acquire 12 Lidl stores across the UK, marking their largest transaction to date. This acquisition involves a sale and leaseback agreement, providing a stable income stream through 25-year leases. The goal is to expand its asset portfolio while offering sustainable returns and community benefits.

Lidl acquires prime property in strategic expansion effort, boosting UK presence.