Information  X 
Enter a valid email address

LXI REIT (LXI)

Related News

22-Apr-2021 07:43 AM

LXi REIT collects 99% of rent due for Q2, reaffirms dividend

LXi REIT reaffirmed its quarterly dividend payment after reporting rent collection for the second-quarter ended June was 99%. Rent collection would increase to 99.8% following receipt of short term rent deferrals agreed with tenants, the company said. T
26-Jan-2021 07:39 AM

LXi REIT reports quarterly uptick in portfolio value, returns for December quarter

Real estate investment company LXi REIT reported an uptick in the value and returns of its portfolio value for quarter ended December. As at 31 December 2020, the portfolio had been valued at £907.25 million, reflecting a 1.7% like-for-like increa
05-Oct-2020 07:35 AM

LXi REIT lifts quarterly dividend amid 'robust' rent collection

Property investor LXi REIT raised its dividend guidance by 6% to 1.44 pence per share for the quarter ending 31 December 2020, owing to 'robust' rent collection. The company reported rent collection to date of 97% for the fourth quarter of 2020
10-Aug-2020 08:00 AM

Broker Forecast - Jefferies International issues a broker note on LXI Reit Plc

Jefferies International today initiates coverage of LXI Reit Plc (LON:LXI) with a buy investment rating and price target of 124p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-May-2020 08:17 AM

LXi REIT profit more than doubles as rental income, portfolio value climb

Real estate investment company LXi REIT reported that annual profit more than doubled as a 5% rise in the value of its portfolio and higher rental income boosted net assets. For the year ended 31 March 2020, pre-tax profit jumped to £73.6m from &
06-Apr-2020 08:37 AM

LXI REIT flags disruptions to customers amid Covid-19 impact, but maintains dividend plans

LXI REIT said it would meet its dividend target this year despite flagging coronavirus-led disruptions to some of its customers businesses. To date, just 67% the company had received 67% of rent due in respect of the quarter ending 30 June 2020 as some
26-Nov-2019 02:57 PM

LXi REIT profit almost doubles; on track to achieve annual dividend target

Property investor LXi REIT said its first-half profit almost doubled amid a rise in rental income and upward revaluation of its assets. Pre-tax profit for the six months through September rose to £33.8m, up from £17.1m on-year. Rental income
04-Oct-2018 09:44 AM

LXi REIT announces interim dividend of 1.375p/share

The board of LXi REIT, a specialist inflation-protected very long income REIT, announced an interim quarterly dividend of 1.375p/share for the period from 1 July to 30 September 2018. The dividend, which reflected an annualised rate of 5.50p was in line
21-May-2018 02:55 PM

LXi REIT ups dividend target after beating IPO return, payout guidance

LXi REIT raised its 2019 dividend target after it posted a total return of around 12% in the year through March. The property investor was now targeting a fiscal 2019 dividend of 5.5p per share, representing a 10% increase on its 5.0p IPO target. In its
15-Jan-2018 07:18 AM

LXi REIT acquires student accommodation

LXi REIT has acquired a long-let student accommodation scheme in Dundee. The purchase price for the property is £20.25m, reflecting a net initial yield of 6.3%, net of acquisition costs. The Property is fully let to Mears Group, a leading provid
18-Dec-2017 07:40 AM

LXi REIT acquires supported living portfolio

LXi REIT has acquired the freehold interest in a portfolio of regulated long-let supported living properties located in Greater London for £1.4m, reflecting a net initial yield of 6.0% (net of acquisition costs). LXi REIT said each property was
14-Dec-2017 09:54 AM

LXi REIT update on pre-let forward funding investments

LXi REIT has completed the land acquisitions for the pre-let forward funding properties in Swindon, Bradford and Chesterfield. he acquisitions follow the successful granting of planning consents and satisfaction of other acquisition conditions. The const
23-Nov-2017 09:27 AM

LXi REIT net asset value up

LXi REIT's net asset value and EPRA NAV per share increased to 105.01p at the end of September - up 7.15% from the 98.0p at the time of the company's initial public offering in February. The group said the asset value growth reflected: - the
13-Nov-2017 09:35 AM

LXi REIT acquires new Premier Inn hotel

LXi REIT has exchanged contracts on the pre-let forward funded acquisition of a new Premier Inn hotel in the East Midlands and has now fully deployed the net proceeds of its second equity issue of £60.2m of 12 Oct. The company said the total fundi
06-Nov-2017 07:31 AM

LXi REIT acquires two portfolios for £30.3m

LXi REIT has acquired two separate portfolios of care homes and supported living properties for a total consideration of £30.3m. It said each of the portfolio acquisitions was being funded from equity resources following the company's second
18-Oct-2017 08:19 AM

LXi REIT forward funding for new Lidl store

LXi REIT has exchanged contracts to provide forward funding for the development of a new food store in Chard, Somerset, pre-let to Lidl. LXi REIT said the development represented an investment of £5.5 million, reflecting a net initial yield of 5.7
16-Oct-2017 09:48 AM

LXi REIT acquires supported living portfolio

LXi REIT has exchanged contracts on the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Greater London (50%), Devon (30%), Surrey (14%), Essex (4%) and Northampton (2%). It said the purcha
08-Sep-2017 07:28 AM

LXi REIT makes acquisitions

LXi REIT has exchanged contracts on the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located across England for £12.9m, reflecting a net initial yield of 6.0% (net of acquisition costs). LXi
21-Aug-2017 07:42 AM

LXi REIT acquires Motorpoint showroom

LXi REIT has acquired the Motorpoint car showroom in Burnley, Lancashire, for £5.7 million. The group said this reflected a net initial yield of 6.5% (net of acquisition costs), which was expected to rise to over 7.0% following next year's fi
18-Aug-2017 07:29 AM

LXi REIT acquires supported living portfolio

LXi REIT has completed the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Essex and Somerset. The company said the purchase price for the portfolio was £9.2 million, reflecting a ne
15-Aug-2017 07:43 AM

LXi REIT forward purchase of new Premier Inn

LXi REIT has exchanged contracts to forward purchase the new Premier Inn hotel currently under construction at Wilson Street, Middlesbrough. The purchase price is £6.2 million, reflecting a net initial yield of 5.1% (net of acquisition costs to th
10-Aug-2017 09:34 AM

LXi REIT acquires three Priory Group care homes

LXi REIT has acquired the freehold interest in two Priory Group care homes in Northern Ireland and exchanged contracts to acquire a third Priory Group care home for a total portfolio consideration of £14.9 million, reflecting a net initial yield of
07-Aug-2017 07:57 AM

LXi REIT acquires long-let supported living portfolio

LXi REIT has completed the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Yorkshire. It said the purchase price for the portfolio was £4.5 million, reflecting a net initial yield of
21-Jul-2017 07:34 AM

LXi REIT acquires hotel and restaurants in Suffolk

LXi REIT has exchanged contracts to acquire the Travelodge hotel and Burger King and Little Chef restaurants at Needham Market service station, Ipswich, Suffolk. The purchase price for the property is £5.0 million, reflecting a net initial yield o
13-Jul-2017 08:00 AM

LXi REIT acquires supported living portfolio

LXi REIT has completed the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Surrey, Somerset and Leicestershire. LXi REIT said the purchase price for the portfolio was £5.0 million,

a d v e r t i s e m e n t