We advised Macquarie on behalf of the Just Group on the acquisition of a ground rent portfolio of 55 foodstores across the UK for c. £400 million in December 2023.

The innovative transaction allows the operator to raise alternative long-term financing whilst retaining the freehold interest and generating a long-term income stream from ground rents for the investor.

• Portfolio investment advisory
• Foodstore supply and catchment analysis
• Capital value & occupational value advice and analysis
• Trade performance review and analysis
• Alternative use values
• Legal review of title/ownership across all properties.
• Environmental and technical due diligence review.