Metro Group is said to be preparing for the sale of its hypermarket chain Real, which has been completely refurbished, with underperforming hypermarkets closed and costs reduced. Sale talks with financial investors are currently underway.
Nothing concrete is in place yet, as Metro - which is looking to sell the chain as a whole - is only at the discussion stage. One point of contention is said to be the high rents being asked by landowners at Real locations, as the majority of the banner’s sites do not belong to Metro Group.
No comments yet