Brief: Lxi REIT Says Potential Sale Of 66 Travelodge Hotels

LXi REIT

22/11/2023 07:52

Nov 22 (Reuters) - LXI REIT PLC  LXIL.L :
    * POTENTIAL SALE OF 66 TRAVELODGE HOTELS
    * PROPOSED DEAL FOR FOR A COMBINED SUM OF £210 MILLION
    * CONFIRMS THAT IT IS UNDER OFFER ON SALE OF 66 TRAVELODGE
HOTELS
    * SHOULD A SALE BE CONCLUDED, MAJORITY OF SALE PROCEEDS
WOULD BE
USED TO PAY DOWN DEBT

Source text for Eikon:  ID:nRSV1958Ua 
Further company coverage:  LXIL.L 

 ((Reuters.Briefs@thomsonreuters.com;;))