Sainsburys store min

LXi REIT to acquire Sainsbury’s portfolio for £500m

Sainsbury’s store-min LXi REIT has exchanged contracts to acquire a portfolio of 18 prime grocery store assets predominantly located in Southern England, on a sale and leaseback basis, from British supermarket group Sainsbury’s, for £500 million. The purchase price equates to a net initial acquisition yield of 5.0 per […]

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