Press Release
Big Brand Sale and Leaseback Portfolio Comes to Market
April 29, 2026
Media Contact
Director
CBRE is seeking offers over £67m for the opportunity to acquire a sale and leaseback portfolio from The Range, one of the UK’s most resilient retail brands.
The portfolio comprises ten stores. Six of the assets are located across England, with one in Wales, two in Northern Ireland, and one in the Republic of Ireland. The portfolio has a broad geographical spread, with the stores in locations characterised by limited competition and strong catchment fundamentals.
All assets in the portfolio will be fully let to CDS (Superstores International) Limited, trading as The Range, providing investors with a secure, long income profile. The Range will provide a rare 15-year lease term with no break options and built in growth with 5 yearly CPI linked rent reviews (1-3%). The properties will all be on full repairing and insuring (FRI) leases.
Our client is carrying out this process to recycle capital from its existing freehold portfolio to support further store expansion. The Range is a widely recognised, long-standing business that will provide investors with a stable income in what is becoming an increasingly popular strategy across the retail sector.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.co.uk.