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LeadCrest Capital Buys French Supermarket Portfolio for €70 Million

Portfolio Comprises Seven Assets Totalling 360,591 Sq Ft

Casino is a global leader in food retail with over 120 years of history and currently has approximately 11,000 stores across France and Latin America  (Source: iStock)
Casino is a global leader in food retail with over 120 years of history and currently has approximately 11,000 stores across France and Latin America (Source: iStock)

LeadCrest Capital Partners today announced the acquisition of a €70 million portfolio of six food supermarkets and the forward purchase of a seventh asset, totalling 33,500 sq m (360,591 sq ft), and triple-net leased to Monoprix Exploitation and Distribution Casino France, two wholly owned subsidiaries of Casino Guichard-Perrachon.

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