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Roadside Real Estate Secures Major Lidl Acquisition

Roadside Real Estate Secures Major Lidl Acquisition

The Barkby Group PLC (GB:ROAD) has released an update.

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Roadside Real Estate PLC, in partnership with Meadow Real Estate Fund VI LP, has secured a £70 million deal to acquire 12 Lidl stores across the UK, marking its largest transaction yet. This strategic acquisition involves a sale and leaseback agreement, providing a stable, long-term income stream with 25-year leases. The venture aims to expand its asset portfolio, offering sustainable returns and valuable community amenities.

For further insights into GB:ROAD stock, check out TipRanks’ Stock Analysis page.

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