LXI REIT PLC COMPANY FACT SHEET (6256R)

TIDMLXI

RNS Number : 6256R

LXI REIT PLC

18 June 2018

18 June 2018

LXi REIT plc

(the "Company" or "LXi REIT")

COMPANY FACT SHEET

LXi REIT (ticker: LXI), the specialist inflation-protected very long income REIT, announces that its Q2 Fact Sheet for the period to June 2018 is published and is now available to view on the Company's website at:

http://www.lxireit.com/fact-sheet.html

The content of the Company's web-pages and the content of any website or pages which may be accessed through hyperlinks on the Company's web-pages, other than the content of the Fact Sheet referred to above, is neither incorporated into nor forms part of the above announcement.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
LXI REIT Advisors Limited            Via Newgate Communications 
 John White (Partner, Fund Manager) 
 Simon Lee (Partner, Fund Manager) 
 
Peel Hunt LLP                        Tel: [phone] 
 Luke Simpson 
 
Newgate Communications (PR Adviser)  Tel: [phone] 
 James Benjamin                       Email: [e-mail] 
 Anna Geffert 
 Patrick Hanrahan 
 

The Company's LEI is: 2138008YZGXOKAXQVI45

NOTES:

The Company invests in UK commercial property assets let, or pre-let, on very long (typically 20 to 30 years to expiry or first break), inflation-linked leases to a wide range of strong tenant covenants across a diverse range of property sectors.

The Company may invest in fixed-price forward funded developments, provided they are pre-let to an acceptable tenant and full planning permission is in place. The Company will not undertake any direct development activity nor assume direct development risk.

The Company is targeting an annual dividend of 5.50 pence per ordinary share for the financial period commencing 1 April 2018, with the potential to grow the dividend in absolute terms through upward-only inflation-protected long-term lease agreements, and is targeting a net total shareholder return of 8 per cent. plus per annum over the medium term*.

The Company, a real estate investment trust ("REIT") incorporated in England and Wales, is listed on the premium listing segment of the Official List of the UK Listing Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in February 2017. The Company is a constituent of the FTSE EPRA/NAREIT index.

Further information on the Company is available at www.lxireit.com

* These are targets only and not a profit forecast and there can be no assurance that they will be met.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DOCUVSNRWSANAAR

(END) Dow Jones Newswires

June 18, 2018 02:00 ET (06:00 GMT)