Skip Ribbon Commands
Skip to main content

Case Study

WOOLWORTHS - Providing strategic transactions’ advice on store disposals prior to and during administration


Providing strategic transactions’ advice on store disposals prior to and during administration.

Prior to Woolworths being placed in adminis tration, Jones Lang LaSalle was instructed to present a strategic overview of its property hold ings with the objective of raising capital from marginal stores. Over a two-year period we raised over £70 million of funds through the sale or surrender of 27 leasehold interests. This value was driven by demand from Waitrose, M&S, New Look, Hennes, Tesco and Boots, and these transactions were concluded ‘off market’. Going into administration, Jones Lang LaSalle was then appointed by Deloitte and Hilco to act jointly in the group package sales of all the Woolworths’ leasehold interests. Transactions were negotiated and completed with Iceland, B&M, Home Bargain and Tesco, amongst others.

To learn more about the range of services we provide to banks, insolvency practitioners and restructuring professionals involved with stressed and distressed real estate visit the main Real Estate Workout page

All Case Studies



West Marsh Re-surfaces – regeneration for P&O Estates/united-kingdom/en-gb/case-studies/10/west-marsh-re-surfaces-regeneration-for-p-o-estatesWest Marsh Re-surfaces – regeneration for P&O Estates
Petroplus (Insurance Valuation)/united-kingdom/en-gb/case-studies/100/petroplus-insurance-valuationPetroplus (Insurance Valuation)
Acquisition for European independent broker/united-kingdom/en-gb/case-studies/102/acquisition-for-european-independent-brokerAcquisition for European independent broker