As UK’s top retailers grow in size many of them are looking at raising even more money by selling off store sites and leasing them back, according to newspaper reports this weekend.

Tesco holds £13bn worth of property and it is reported to be looking into a deal to retain 50% of certain sites in a sale-and-leaseback scheme to raise £380m.

Boots and Debenhams are also looking at similar schemes with Boots reportedly seeking a buyer for £300m worth of freehold and long-leasehold property. The group owns 1,400 stores, one third of which are freehold.

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