(2019.02.01) Casino announced on thursday that it had signed a sale and lease-back agreement with AG2R La Mondiale in partnership with Othrys. The portfolio includes 14 supermarkets located in Paris and other regional cities in France.
« After deduction of registration fees, the transaction amounts to €180 Mlns for an annual rent of €8.6 Mlns » detailed Casino.
Othrys acted as an advisor to the buyer, and will be reponsible for the asset management.