The founder of The Hut Group will collect just under £20m a year in rent following the company’s £4.5bn IPO.
Under the group’s prospectus the website company’s property business will be transferred to Matt Moulding, who started The Hut Group in 2004.
This includes nine industrial sites, six offices, two hotels and a health club.
The Hut Group originally sold DVDs online, but has since grown to have 200 separate websites.
