Source - SMW
LXi REIT has agreed to acquire a freehold interest in a portfolio of supported living properties in the UK for £6.2m.

The regulated long-let properties were located in Colchester, Essex,  Birmingham and Dover, Kent.

The purchase price reflected a net initial yield of 6.0%.

At 2:21pm: (LON:LXI) Lxi Reit Plc Ord 1p share price was +0.25p at 103.25p