LXI REIT agrees to dispose of BCA facility in Corby
5th Nov 2020 09:36
(Sharecast News) - Real estate investment trust LXI agreed to dispose of its BCA facility in Corby on Thursday for £68.0m.
Read moreLXI REIT extends loan facility, reduces interest rate
3rd Nov 2020 08:02
(Sharecast News) - LXi REIT has made changes to its three term loan facilities with Scottish Widows, it announced on Tuesday, that would reduce the interest rate payable and extend the maturity date.
Read moreLXi disposes of three properties, buys two supermarket sites
20th Oct 2020 09:06
(Sharecast News) - LXi REIT announced three profitable disposals for a total of £17m on Tuesday, as well as two accretive acquisitions in the foodstore sector, which were being acquired for a total of £15m, reflecting a blended net initial yield of 5.5%.
Read moreLXi REIT lifs fourth quarter dividend expectations
5th Oct 2020 07:28
(Sharecast News) - LXi REIT reported "robust" rent collection of 97% in its fourth quarter to December on Monday, having been "actively engaged" with all of its tenants.
Read moreLXI REIT raises quarterly dividend guidance
17th Sep 2020 08:30
(Sharecast News) - Real estate investment trust LXI upped its quarterly dividend guidance on Thursday after experiencing some "robust rent collection" in the three months ending 30 September.
Read moreLXi sells two housing porfolios, forward funds a Lidl
24th Jul 2020 08:11
(Sharecast News) - LXi REIT announced a number of disposals and an accretive acquisition on Friday, selling two portfolios of long-let social housing assets for a combined sum of £10.7m to two separate infrastructure funds.
Read moreLXi REIT says 84% of June to September rent collected
2nd Jul 2020 08:18
(Sharecast News) - LXi REIT said on Thursday that so far it has received 84% of its rent for the June to September quarter.
Read moreLXI REIT negotiates lease restructuring with BCA
1st Jul 2020 09:34
(Sharecast News) - Real estate investment trust LXI has negotiated an important lease restructuring with one of its largest tenants, BCA.
Read moreTravelodge CVA seeks significant rent reductions from Secure Income Reit
4th Jun 2020 13:13
(Sharecast News) - Travelodge is seeking temporary rent reductions of nearly 70% from Secure Income Reit, the budget hotel chain's largest landlord confirmed on Thursday.
Read moreLXi REIT declares Q1 dividend after NAV return rises
18th May 2020 08:07
(Sharecast News) - LXi REIT said it expected to declare a first quarter dividend as the commercial property investor reported an increased annual return and said it was in talks to recover unpaid rent.
Read moreLXI sells two assets for ?2.2m after unsolicited approach
4th May 2020 07:28
(Sharecast News) - LXI said on Monday that, following an unsolicited approach, it has sold two social housing assets for an aggregate price of ?2.2 million to a specialist fund.
Read moreLXi 'relatively well placed' to deal with Covid-19, confirms final dividend
6th Apr 2020 09:38
(Sharecast News) - Real estate investment trust LXi said on Monday that it was "relatively well placed" to deal with the Covid-19 pandemic as the company confirmed that it expects to approve the payment of its final quarterly dividend.
Read moreLXi talks up portfolio strength amid coronavirus turbulence
20th Mar 2020 12:36
(Sharecast News) - LXi REIT updated the market on its balance sheet and portfolio on Friday, saying that while it was "too early" to quantify the potential impacts of the Covid-19 coronavirus pandemic, it was "well-placed" to navigate a prolonged period of uncertainty, and to mitigate the associated risks.
Read moreLXI REIT makes several acquisitions following ?200m equity issue
25th Jun 2019 11:56
(Sharecast News) - LXI REIT announced a number of acquisitions for a combined total of £135m on Tuesday, reflecting a weighted average net initial yield of 5.7%, following the £200m equity issue it reported on 13 June.
Read moreLXi buys a gym and a garden centre, sell off social housing
26th Apr 2019 12:20
(Sharecast News) - Specialist inflation-protected very long income real estate investment trust LXi REIT announce a number of accretive acquisitions and profitable disposals on Friday.
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