Deal reflects 4.72% net initial yield
The supermarket giant plans to reduce its standalone stores to around 100
Firm understood to have paid north of £30m for wind power-driven property
The 48,808 sq ft food store generates £1,040,260 per annum
The coronavirus pandemic has fast-tracked the switch to online grocery shopping
The joint venture is the latest in a series with residential developers
It has submitted plans for a 1,161-home scheme
Barnet Council has approved plans from Berkeley’s St George and Sainsbury’s for the Hendon scheme
Like-for-like sales, excluding fuel, fell 0.7% during the third quarter
Argos and Sainsbury’s shops to close and new sites planned following review of portfolio.
The supermarket giant hopes to cash in on the arrival of the new Crossrail station
Competition and Markets Authority claims Sainsbury’s-Asda merger would lead to higher prices.