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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Lxi Reit Plc | LSE:LXI | London | Ordinary Share | GB00BYQ46T41 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 100.80 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMLXI
RNS Number : 3001Q
LXI REIT PLC
11 September 2017
11 September 2017
LXi REIT plc
(the "Company" or "LXI REIT")
COMPANY FACT SHEET
LXi REIT plc announces that its Fact Sheet for the period to September is published and 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 Simon Lee (Partner, Fund Manager) John White (Partner, Fund Manager) ----------------------------------- --------------------------------- Peel Hunt LLP Tel: 020 7418 8900 Luke Simpson ----------------------------------- --------------------------------- Newgate Communications (PR Tel: 020 7680 6550 Adviser) Email: lxireit@newgatecomms.com James Benjamin Anna Geffert Lydia Thompson ----------------------------------- ---------------------------------
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 a minimum annual dividend of 5 pence per ordinary share, starting from 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.
Further information on the Company is available at www.lxireit.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
DOCLMMPTMBTBBLR
(END) Dow Jones Newswires
September 11, 2017 02:01 ET (06:01 GMT)
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