SUPR and Blue Owl JV Conclude £196m Asda Portfolio Deal
A joint venture between Supermarket Income REIT (SUPR) and Blue Owl Capital has purchased ten Asda supermarket locations in a £196 million sale-and-leaseback transaction. This acquisition forms part of Asda’s larger £568 million asset disposal program.
The partnership marks another strategic step in the retail property sector’s restructuring efforts.
Transaction Overview
- Total deal value: £196 million
- Number of properties: 10 Asda supermarkets
- Part of Asda’s wider £568 million divestment strategy
Author’s summary
SUPR and Blue Owl Capital completed a £196m acquisition of 10 Asda supermarkets within Asda’s larger portfolio sell-off plan.