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Tikehau and Unicoop Tirreno agree sale and leaseback in Italy

Global alternative asset manager Tikehau Capital has acquired a supermarket portfolio in Italy in a €37 million sale and leaseback. 

Tikehau, through an Italian fund managed by Investire, has acquired the five properties located along the Italian Tuscan coast from grocery operator Unicoop Tirreno. 

As part of the deal, a new triple-net lease with a 24-year term has been agreed with Unicoop Tirreno, Tikehau said.

Source: realassets.ipe.com on the 14th November

https://realassets.ipe.com/news/tikehau-and-unicoop-tirreno-agree-sale-and-leaseback-in-italy/10070022.article