{"id":89895,"date":"2019-04-23T15:45:59","date_gmt":"2019-04-23T13:45:59","guid":{"rendered":"https:\/\/theworldwidejournal.com\/2019\/04\/23\/sainsburys-and-british-land-sell-12-superstores-to-us-firm-for-492m\/"},"modified":"2019-04-23T15:45:59","modified_gmt":"2019-04-23T13:45:59","slug":"sainsburys-and-british-land-sell-12-superstores-to-us-firm-for-492m","status":"publish","type":"post","link":"https:\/\/theworldwidejournal.com\/?p=89895","title":{"rendered":"Sainsbury&#039;s and British Land sell 12 superstores to US firm for \u00a3492m"},"content":{"rendered":"<p>Property company cites poor UK retail market as reason for joint venture saleSainsbury\u2019s and British Land have sold 12 superstores to a US property investment company for \u00a3492m, amid a struggling retail property market.The sale to San Diego-based Realty Income Corporation will give Sainsbury\u2019s net proceeds of \u00a3133m. British Land\u2019s share of the sale will be \u00a3193.5m, although net proceeds will only be \u00a395m after debt and contract break costs, it said in a statement to the stock market on Tuesday. Continue reading&#8230;<br \/>\nVia: <a href=\"https:\/\/www.theguardian.com\/business\/2019\/apr\/23\/sainsburys-and-british-land-sell-12-superstores-to-us-firm-for-492m\" target=\"_blank\">Sainsbury&#039;s and British Land sell 12 superstores to US firm for \u00a3492m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property company cites poor UK retail market as reason for joint venture saleSainsbury\u2019s and British Land have sold 12 superstores to a US property investment company for \u00a3492m, amid a struggling retail property market.The sale to San Diego-based Realty Income Corporation will give Sainsbury\u2019s net proceeds of \u00a3133m. British Land\u2019s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-89895","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/89895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89895"}],"version-history":[{"count":0,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/89895\/revisions"}],"wp:attachment":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}