Tag: LXI REIT
Canada Life AM provides £148m loan to LXi REIT
Canada Life Asset Management has provided a £148 million loan to LXi REIT plc. The loan will refinance a mixed-use, UK regional portfolio of...
LXi REIT to acquire Sainsbury’s portfolio for £500m
LXi REIT has exchanged contracts to acquire a portfolio of 18 prime grocery store assets predominantly located in Southern England, on a sale and...
LXi REIT fully deploys proceeds from £250m capital raise
LXi REIT has fully deployed the net proceeds of the £250 million capital raise with the new acquisitions worth £73 million. The acquisitions, which have...
LXi announces acquisitions totalling £57m
LXi REIT has announced acquisitions funded by its recent £250 million equity capital raise. The acquisitions, which have been transacted on an off-market basis, total...
LXi REIT pays £87m for nine properties in UK
LXi REIT has made nine acquisitions, which have been transacted predominantly on an off-market basis with seven different vendors/developers, total £87 million and reflect...
LXi REIT buys nursery school portfolio for £34m
LXi REIT has acquired a portfolio of 23 nursery schools in England for £34 million, in a sale and lease back transaction, reflecting an accretive 5.5%...
LXi REIT announces £80m acquisitions and £7.8m disposal
UK commercial property investor LXi REIT has announced three acquisitions for a total cost of £80 million, reflecting a net initial yield of 5.25%, and...
LXi REIT acquires 11 foodstores and two discount stores for £61m
LXi REIT plc, a real estate investment trust incorporated in England and Wales, has acquired 11 foodstores and two discount stores from five different vendors/developers for a...
LXI REIT buys a care home in Bristol
LXi REIT plc has acquired a Bupa care home in Bristol for £13.8 million, reflecting a 6.4% net initial yield (net of acquisition costs...