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Morrisons Weighs £1bn Property Financing as Turnaround Gathers Pace
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Morrisons Weighs £1bn Property Financing as Turnaround Gathers Pace
Morrisons is exploring a potential £1bn property financing deal as it looks to strengthen its position in an increasingly competitive grocery market. According to reports in a leading financial news outlet, the Bradford-based supermarket group has appointed property advisory firm CBRE to assess options for raising funds secured against part of its substantial freehold store portfolio. Sources indicate that discussions remain at an early stage an…
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