Tesco appoints DTZ to sell HQ

Kasmira Jefford
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TESCO has appointed DTZ to sells its Cheshunt headquarters after the grocer’s shock decision in January to shut the office and move staff to its other corporate building in Welwyn Garden City.

The property advisory firm said it is exploring selling the leasehold or the freehold of New Tesco House. It declined to comment on the price but reports suggest that it could fetch up to £17m.

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