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Sainsburys moves to add value to sites

Series: Financial Times ; 12 September 2000, 28(1)Publication details: 2000Subject(s): Summary: J Sainsbury has signalled ambitions to become one of the UK's biggest property developers, by moving to release value from its £4.5bn portfolio. The company has announced plans to exploit its existing sites for third parties in the leisure, residential, commercial and service sectors.

J Sainsbury has signalled ambitions to become one of the UK's biggest property developers, by moving to release value from its £4.5bn portfolio. The company has announced plans to exploit its existing sites for third parties in the leisure, residential, commercial and service sectors.