International Food Production Business
Sale-leaseback enables European food producer to unlock liquidity for future acquisitions
Tenant Description: The tenant is a leading international food production and distribution business.
Total Investment: $104 million (€88 million)
Transaction Type: Sale-leaseback*
Location: U.K., Czech Republic and Slovakia
Square Footage: 1.3M square feet (111,500 square meters)
Facility Type: 6 food production facilities
In July 2025, W. P. Carey completed the sale-leaseback of six mission-critical food production facilities located across the U.K. (3), Czech Republic (2) and Slovakia (1). The portfolio spans approximately 1.3 million square feet and is net leased to an international food production and distribution business.
The portfolio is critical to the tenant, with each asset playing a unique and irreplaceable role in the company’s operations. The facilities are purpose-built for food production, requiring significant investment and regulatory compliance which makes market entry for new companies challenging.
The portfolio is subject to 25-year, triple-net countrywide master leases, with annual CPI-based rent increases.
*In a sale-leaseback, a company sells its real estate to an investor like W. P. Carey for cash and simultaneously enters into a long-term lease. In doing so, the company extracts 100% of the property’s value and converts an otherwise illiquid asset into working capital to reinvest in its business or pay down debt, while maintaining operational control.
This was an exciting deal to lead, and we generated a great outcome for all parties. Working with W. P. Carey was a wonderful experience. Their professionalism, responsiveness and ability to execute complex, cross-border deals set them apart in today’s market.
This transaction reflects our continued conviction in high-quality, mission-critical assets leased to market-leading tenants that operate in resilient industries. The company’s international footprint, strong brand portfolio and growth trajectory make this an excellent addition to our portfolio. The structure and scale of the deal demonstrate our ability to deliver tailored capital solutions for corporates across multiple jurisdictions.