Morrisons’ new owner to sell £500m of grocer’s property portfolio

Morrisons Swansea

Morrisons’ new owner Clayton Dubilier & Rice (CD&R) has given the green light to sell off a chunk of the supermarket’s property portfolio.

CD&R have appointed advisors to oversee the disposal of £500m worth of Morrisons’ manufacturing and distribution centres in the UK, according to Sky News.

 

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