News

LXi in talks to buy £500m Sainsbury supermarket portfolio in sale-and-leaseback deal

By 2022-09-21T07:21:00

Sainsburys

Source: Shutterstock/Michaelabest

LXi REIT is in talks to buy 18 Sainsbury stores in a sale-and-leaseback deal reported to be worth around £500m.

The group confirmed the talks following a report on Sky News on Tuesday evening.

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