Billionaire Issa brothers buy Asda in £6.8bn deal
A consortium led by Zuber and Mohsin Issa and private equity firm TDR Capital, has bought UK grocery retailer Asda in a £6.8bn deal.
Aldi to open 100 more stores as part of £1.3bn UK investment drive
Budget supermarket chain Aldi has pledged to open 100 new stores by the end of 2021, creating 4,000 jobs, as part of a £1.3bn investment drive into the UK.
Supermarket Income REIT arranges new £60m RCF and acquires Tesco Extra
Supermarket Income REIT has arranged a new revolving credit facility (RCF) of £60m with Wells Fargo.
ALDI opens three new stores in North West and West Midlands
The Harris Partnership group has been working closely with ALDI to ensure on-going completion of new stores.
Waitrose negotiates monthly rent payments with landlords
Waitrose has negotiated new terms with landlords that allows it to pay rent monthly rather than quarterly, Property Week can reveal.
