Supermarket group Morrisons has received several approaches for a £1bn portfolio of 25 sites. Daily Telegraph

Morrisons announced earlier this year that it wanted to unlock value from properties within or near its shopping centre parks, as well as from the shops themselves.

A sale would help pay down the company’s debt and return cash to shareholders.

The retailer has already cashed in £1.3bn from property disposals since it bought rival Safeway.