The supermarket giant has taken a 15-year lease on 68,374 sq ft of space
The supermarket has now exercised options to buy 21 of the 26 stores in its reversion portfolio
The REIT has paid £55m for a Sainsbury’s in Tyne and Wear and an Asda in South Wales
The 9.1 acre site is part of the grocer’s online fulfilment network
Construction slated for April 2022 completion
Site is let to Sainsbury’s on a lease expiring in 2042
Supermarket retailer seeks to consolidate its operations
The supermarket could buy back a further 10 freeholds next year
Plans expected for more than 650 flats in blocks of up to 20 storeys
The US private equity giant is said to be running the rule over the UK’s #2 supermarket
The 783,000 sq ft site is let to the supermarket giant on a 25-year lease
Unit is let to Sainsbury’s on unexpired lease term of 15 years