ICG has secured €120 million (£104.9 million) of financing from Japan's Sumitomo Mitsui Banking Corporation for its recent acquisition of a portfolio of 24 newly developed Lidl supermarkets, most of which are in the UK.
ICG secures major financing of Lidl portfolio as new-acquisition lending ends year strongly
Sumitomo Bank is senior lender to mostly UK portfolio acquisition
By Paul Norman
CoStar NewsDecember 22, 2025 | 2:43 P.M.
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IN THIS ARTICLE
- Companies
- Sumitomo Mitsui Banking Corporation
Finance and Insurance
- ICG-Longbow
Finance and Insurance
- Lidl
Retailer