LXi Reit draws new revolver for acquisitions

Warehouse
By Mike Turner
03 Sep 2019

The UK’s LXi Reit is already putting its new revolving credit facility to work, with the property investment company making acquisitions totalling £55m.

The specialist long income real estate investment trust has bought five properties across the UK. Three are hotels, one is an Aldi food store and the final one is an industrial warehouse facility. 

LXi Reit financed the acquisitions by drawing down on a £100m revolving credit facility it

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