UK retail giant Tesco is in talks to sell a GBP400m (US$638m) portfolio of properties to a newly-formed investment company, according to reports.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The company, to be called Index Linked Properties, is seeking to take advantage of the opportunities of the recent falls in the value of UK commercial property, the Financial Times reported yesterday (28 September).


It aims to acquire real estate assets at a low point in the cycle with leases that are linked to the retail prices index or that have other guaranteed uplift rent review mechanisms to provide greater certainty on future rental returns.


Tesco refused to comment when contacted by just-food today.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now