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Whitbread (LSE:WTB) Tests The Hidden Cost Of Property-Backed Value

1 source ·1 article ·Aug 6, 10:47 UTC Intercontinental Hotels Leishen Energy Holding Co., Ltd.

Highlights Whitbread (LSE:WTB) is releasing cash from selected freeholds while retaining long-term operating control of hotels. Sale and leasebacks crystallise property value but replace ownership with recurring rent and reduced flexibility…

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