Updated: Morrisons inks £331m property deal

Morrisons has confirmed it is set to wipe £331m off its debt pile following a 45-year ground rent deal with real investor Song Capital.
The private equity-backed supermarket has agreed for the investment firm to earn an income stream from 75 of its stores until 2069, as previously reported by Sky News.
The grocer will retain ownership of the stores’ freehold. Related StoryMorrisons sales nudge up as it focuses on availability and loyalty26/09/2024 x 12:19 PMThe deal was announced alo