Login

L&G agrees Marston's portfolio sale and leasebacks

Legal & General Property, on behalf of its LPI (Limited Price Inflation) Income Property Fund (the “Fund”), has increased its investment portfolio to over £800m after completing two sale and leaseback purchases with Marston’s, totalling £34.6m.
CoStar News
February 9, 2016 | 2:01 P.M.

In the larger of the two transactions, LGP completed a sale and leaseback purchase of a portfolio of seven Marston's pubs for £25.32m, reflecting a net initial yield of 4.15%.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In