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Issa brothers: Blackburn EG Group founders to sell Asda hubs for £1.7 billion

THE ISSA brothers have reportedly agreed to sell Asdas distribution network for £1.7billion. The supermarket chains distribution arm sends goods to 342 stores across the UK and includes 21 food depots, three centres for its George clothing range, two for "general merchandise, two centres for imported goods and two for handling customers online orders. According to reports in property trade publication React News, the £1.7 billion secured by the Blackburn-based Issa brothers is around £...
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Selfridges owner mulls £4bn sale

Selfridges up for sale with £4bn price tag Weston family brings in Credit Suisse to advise on a possible sale following an unsolicited takeover approach for the chain The flagship Selfridges store on Oxford Street in central London The billionaire Canadian owners of Selfridges are considering a sale of the upmarket department store chain.  The Weston family have drafted in advisers at Credit Suisse to advise on a possible sale after an unsolicited takeover approach, React News first reported...
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Green Street Acquires React News, Leading Provider Of Exclusive European Property News And Insights

Green Street Acquires React News, Leading Provider Of Exclusive European Property News And Insights USA - English News provided by Share this article Share this article NEWPORT BEACH, Calif., Feb. 10, 2021 /PRNewswire/ -- Green Street, the preeminent provider of actionable commercial real estate intelligence in the U.S. and Europe, has purchased React News – a London-based subscription provider of market-leading commercial property news. The transaction marks Green Streets second acquisition...
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Green Street buys property news site React News

Green Street buys property news site React News Green Street has bought property news site React News. Green Street has bought React News, a property news site, in a move that will extend its audience’s access to coverage on real estate. Green Street said React News has a track record for breaking “the biggest stories in the market”, and covers news in the UK and Ireland and has a growing presence in continental Europe. “This acquisition enables us to further shape the...
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