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1. www.retailgazette.co.uk › blog › 2022Morrisons strikes £220m warehouse sale and leaseback agreement

   www.retailgazette.co.uk › blog › 2022

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   Dec 9, 2022 · Morrisons struck the deal with asset management firm Intermediate Capital Group, which will include contracts for seven of its distribution warehouses for up to 25 years.

2. www.thetimes.co.uk › article › morrisons-sale-andMorrisons sale and leaseback of warehouses raises £220m

   www.thetimes.co.uk › article › morrisons-sale-and

   The supermarket group has agreed to sell seven of its distribution warehouses to Intermediate Capital Group, the FTSE 100 asset management firm, property agents say. Morrisons has leased...

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4. www.foodmanufacture.co.uk › Article › 2022/06/14Sale of Morrisons' manufacturing base 'predictable'

   www.foodmanufacture.co.uk › Article › 2022/06/14

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   Jun 14, 2022 · The sale of Morrisons’ warehouses, fisheries and manufacturing hubs in the wake of its acquisition by Clayton, Dublier & Rice (CD&R) is a predictable outcome, according to industry insiders.

5. www.egi.co.uk › news › morrisons-strikes-200m-saleMorrisons strikes £200m sale-and-leaseback deal with ICG

   www.egi.co.uk › news › morrisons-strikes-200m-sale

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   Sep 12, 2022 · Morrisons has agreed a £220m sale-and-leaseback deal for seven distribution centres, as it raises funds to expand its Morrisons Daily convenience store chain. The supermarket group has agreed to sell seven of its distribution warehouses to ICG, a FTSE 100.

6. www.retailgazette.co.uk › blog › 2024Morrisons to restructure logistics operations, 279 jobs at risk

   www.retailgazette.co.uk › blog › 2024

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   Mar 7, 2024 · 7th March 2024. Aoife Morgan. Grocery News. Morrisons is set to cut almost 300 jobs as part of a management restructure of its logistics operations. The supermarket chain is looking to...

7. www.thetimes.co.uk › article › morrisons-to-sellMorrisons to sell £600m of fisheries and food factories

   www.thetimes.co.uk › article › morrisons-to-sell

   The private equity owners of Morrisons are sounding out buyers for a portfolio of its warehouses, fisheries and food manufacturing plants that is expected to fetch more than £600 million.

8. People also ask

   Will Morrisons sell its distribution warehouses?

   • The supermarket group has agreed to sell seven of its distribution warehouses to Intermediate Capital Group, the FTSE 100 asset management firm, property agents say. Morrisons has leased back the warehouses on contracts of up to 25 years.

   Morrisons sale and leaseback of warehouses raises £220m

   www.thetimes.co.uk/article/morrisons-sale-and-leaseback-of-warehouses-raises-220m-lr7hhmp3l

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   Is Morrisons selling £500m of its manufacturing and distribution facilities?

   • Meanwhile, sources at Morrisons and CD&R both refused to comment over reports the private equity giant has appointed advisors to oversee the sale of £500m worth of the supermarket’s manufacturing and distribution facilities across the UK.

   Morrisons new owners look to speed up refinancing despite

   www.thegrocer.co.uk/morrisons-new-owners-look-to-speed-up-refinancing-despite-profits-warning/666277.article

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   Who owns the Morrisons Distribution facility?

   • The distribution facility is run by ADR Network, which has carried out operations for Morrisons there for more than five years. Morrisons group property director Terry Hartwell: “In addition to being one of the country’s leading grocers and food producers, Morrisons is also the owner of a significant amount of real estate in the UK.

   Morrisons sells distribution centre in Kemsley, Sittingbourne, for £97

   www.kentonline.co.uk/kent-business/county-news/morrisons-sells-depot-for-978m-18840/

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   Does Morrisons have a'sale and leaseback' deal?

   • Morrisons has struck a £220 million “sale and leaseback” deal that will allow it to accelerate the launch of Morrisons Daily, its convenience store chain. The supermarket group has agreed to sell seven of its distribution warehouses to Intermediate Capital Group, the FTSE 100 asset management firm, property agents say.

   Morrisons sale and leaseback of warehouses raises £220m

   www.thetimes.co.uk/article/morrisons-sale-and-leaseback-of-warehouses-raises-220m-lr7hhmp3l

   See all results for this question

9. www.thetimes.co.uk › article › morrisons-warehousesMorrisons’ warehouses lined up for £600m sale

   www.thetimes.co.uk › article › morrisons-warehouses

   Tom Howard. Monday June 13 2022, 12.01am, The Times. An American private equity firm looks set to soon begin carving up Morrisons days after its £7 billion takeover of the British supermarket chain...