L+R acquired a portfolio of 180 petrol filling stations from Shell.
L+R then agreed with Shell to enter entered a lease back of the portfolio for a term of 18 years.
We understood the importance of these petrol filling stations to the tenant, therefore being mission critical to Shell
We worked with the tenant to ensure flexibility to the tenant and afforded L+R time to gear up sites for redevelopment
Sale proceeds were maximised through a breakup of the portfolio.