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DWF advise Homebase on Sainsbury’s property deal

16 October 2024

Sainsbury’s secured a deal to acquire 10 leasehold properties from Homebase as part of strategic expansion plans.

DWF has advised Homebase on the recent deal with Sainsbury's which involves the acquisition of 10 leasehold properties in key locations across England, Northern Ireland, and Scotland. The deal will enable Sainsbury’s to further its expansion across the UK, with the first of the new supermarkets expected to open next summer.

Rachel Lawler, Partner and Head of DWF’s Real Estate Occupier team led the multi-disciplinary and cross-jurisdictional team of lawyers from DWF’s Real Estate, Tax and Employment team that worked on this project, which completed in September.

Rachel said “We have a longstanding relationship with Homebase and deep understanding of their business having advised them across their entire UK and Ireland portfolio for many years. We were delighted to support Homebase with this recent strategic deal to right-size their property portfolio which was completed by our UK-wide team within a short timeframe.”

DWF’s Real Estate team has vast sector experience, advising multi-national organisations, corporates, household brands and FTSE 100 companies at every stage of the property portfolio management life cycle.

To find out more about how we can help, please contact Rachel Lawler.

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