UK supermarket group Sainsbury's has divested two distribution warehouses this month in sale-and-leaseback deals worth a total of about EUR 110 mln. Two months ago Sainsbury's announced it would not be selling off the majority of its substantial property holdings - mainly comprising its supermarket premises - as part of what transpired to be an abortive bid by Qatar-backed fund Delta II to acquire the retailer.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
