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LXi REIT in Talks for £500 Million Sainsbury’s Superstores Sale-And-Leaseback

REIT Plans Equity Raise to Buy South of England-Based Portfolio
Sainsbury's planning £500 million sale-and-leaseback. (Sainsbury's)
Sainsbury's planning £500 million sale-and-leaseback. (Sainsbury's)
CoStar News
September 21, 2022 | 7:09 AM

LXi REIT, the specialist long-income REIT that recently merged with Secure Income REIT, has confirmed it is in talks with Sainsbury's for a £500 million sale and leaseback of 18 grocery stores principally in the south of England.

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