News/Real Estate Finance

Deutsche Hypo finances acquisition of long let supermarket portfolio

Deutsche Hypo – NORD/LB Real Estate Finance has financed the acquisition of two well located supermarket properties leased on a long-term basis on behalf of LCN Capital Partners. The buildings are located in Cardiff and Wigan and let to the two largest UK supermarket chains respectively.

LCN Capital Partners, founded in 2011, is a recognized leader in the primary sale-leaseback and build-to-suit markets.

“Long let supermarkets in strong locations, leased to strong covenants will continue to attract interest from a wide spectrum of Investors,” explains Paul Sutcliffe, Deutsche Hypo – NORD/LB Real Estate. “We are pleased to have gained LCN Capital Partners, one of the leading sale and leaseback investors, as a new customer and to be able to support them with our expertise in real estate financing in national retail markets.”

An image of the property is available for download. Please quote “LCN Capital Partners” as the source.