LONDON-PSA Peugeot Citroen has sold nine UK real estate assets in a sale-leaseback deal for GBP 29.9 million. The company sold the properties through its UK subsidiaries Citroen UK Ltd. and Peugeot Motor Company PLC, to CBRE Global Investors. The portfolio, which includes nine car showrooms, is situated throughout the UK.
In the deal, PSA Peugeot Citroen was advised by Wragge & Co. and Societe Generale Corporate & Investment Banking, while CBRE Global Investors was advised by Griffiths Eccles LLP and Osborne Clarke. For the full story, go to Europe Real Estate .
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