LXI REIT PLC COMPANY FACT SHEET (6256R)
June 18 2018 - 1:00AM
UK Regulatory
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: 020 7418 8900
Luke Simpson
Newgate Communications (PR Adviser) Tel: 020 7680 6550
James Benjamin Email: lxireit@newgatecomms.com
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 rns@lseg.com or visit www.rns.com.
END
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