LXi REIT abandons acquisition of Sainsbury's stores
26th Sep 2022 07:24
(Sharecast News) - LXi REIT said on Monday that it won't be going ahead with the £500m acquisition of 18 grocery store assets from Sainsbury's that was announced last week due to "market volatility".
Read moreLXi REIT agrees to buy store portfolio from Sainsbury's for £500m
22nd Sep 2022 07:39
(Sharecast News) - LXi REIT said on Thursday that it has exchanged contracts to buy 18 grocery store assets from Sainsbury's on a sale and leaseback basis for £500m.
Read moreLXi REIT in talks with Sainsbury's about £500m store portfolio acquisition
21st Sep 2022 08:04
(Sharecast News) - LXi REIT confirmed on Wednesday that it is in talks with Sainsbury's about the potential acquisition, on a sale and leaseback basis, of a portfolio of 18 grocery store assets for around £500m and said that this could be funded in part through an equity raise.
Read moreLXi REIT pleased with full-year performance
7th Jun 2022 10:57
(Sharecast News) - LXi REIT reported a 13.4% improvement in EPRA net tangible assets per share in its full-year results on Tuesday, to 142.6p, with growth primarily driven by like-for-like portfolio value growth in the year, and the value achieved at purchase on new acquisitions.
Read moreLXI REIT agrees share-based merger with Secure Income
11th May 2022 08:31
(Sharecast News) - LXi REIT announced on Wednesday that it has agreed to acquire Secure Income REIT and merge the companies.
Read moreLXI REIT makes profitable disposal, acquires foodstore and industrial unit
22nd Apr 2022 07:04
(Sharecast News) - Real estate investment trust LXI REIT revealed on Friday that it had made a number of transactions, disposing of one property and acquiring another two.
Read moreLXI REIT chairman steps down
11th Mar 2022 07:37
(Sharecast News) - Real estate investment trust LXI REIT said on Friday that chairman Stephen Hubbard had stepped down from the board following a comprehensive handover.
Read moreLXi REIT buys new investments for £73m
3rd Mar 2022 08:21
(Sharecast News) - LXi REIT said it had made £73m of new investments funded by its recent £250m capital raise.
Read moreLXI REIT acquires funds new acquisitions from recent capital raise
24th Feb 2022 07:04
(Sharecast News) - Real estate investment trust LXI REIT said on Thursday that it had made three new forward funding acquisitions, all of which were funded by its recent £250.0m equity capital raise.
Read moreLXI REIT makes accretive acquisitions following recent capital raise
21st Feb 2022 07:19
(Sharecast News) - Real estate investment trust LXI REIT said on Monday that it had made a number of accretive acquisitions following its recent £250.0m equity capital raise.
Read moreLXi in nine-property deal worth £87m
14th Feb 2022 07:04
(Sharecast News) - Real estate trust LXi said it had bought nine properties for £87m, funded by its recent £250m capital raise.
Read moreLXI Reit to raise £125m to fund pipeline deals
18th Jan 2022 11:28
(Sharecast News) - LXI Reit is seeking to raise £125m to fund further investments, the FTSE 250 firm said on Tuesday.
Read moreLXi REIT lifts dividend target as rent collection remains strong
10th Jan 2022 08:31
(Sharecast News) - LXi REIT announced its new dividend target on Monday, saying it was aiming for a fully-covered annual dividend of 6.3p per share for the 12 months starting 1 April.
Read moreLXI REIT acquires 16-acre long-let asset in Middlesbrough
16th Dec 2021 07:07
(Sharecast News) - Commercial property investor LXI REIT has acquired a 16-acre long-let property in Middlesbrough valued at £58.9m from Knight Frank.
Read moreLXi REIT sees growth across sub-sectors in first half
24th Nov 2021 07:45
(Sharecast News) - LXi REIT reported a total net asset value return of 9% for its first half on Wednesday, swinging from a negative return of -0.6% in the first half of last year.
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