LXi REIT scraps deal to buy Sainsbury stores

LXi REIT

26/09/2022 07:23

Sept 26 (Reuters) - Property investor LXi REIT  LXIL.L 
has pulled out from a deal to buy Sainsbury's  SBRY.L  18 stores
in southern England for 500 million pounds ($529.30 million) on
Monday, citing market volatility.  
($1 = 0.9446 pounds)
 (Reporting by Sinchita Mitra in Bengaluru)
 ((Sinchita.Mitra@thomsonreuters.com;))