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The company has a portfolio of commercial properties rented out to corporate customers on 20 to 30-year inflation-linked leases. The net book value of the portfolio was £3.6 billion as at 31 March 2023. Its assets include interests in the
230:
In
January 2024, it was confirmed that LondonMetric Property would acquire LXi REIT in a deal worth £1.9 billion (US$ 2.43 billion). The transaction received court approval on 4 March 2024.
219:
The company was established by Osprey Equity
Partners with support from Ram Bhavnani, a wealthy Spanish investor, in 2016. Bhavnani's previous ventures included a significant investment in
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26:
65:
93:
305:"LondonMetric completes LXi merger, announces logistics acquisition"
237:
334:"Spain's Bhavnani family backs £100m fund raise by LXi Reit"
188:
430:"LXi snags nearly £260m in theme park income strip deal"
223:, a Spanish-based bank. LXi REIT was the subject of an
356:"UK's LondonMetric to buy LXI REIT in $ 2.4 bln deal"
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462:Financial services companies established in 2016
408:"New UK property trust targets bond-like income"
203:based in London, England. It was listed on the
242:Thorpe Park theme park is one of LXI's assets.
382:"LXi REIT and LondonMetric merger goes ahead"
336:. Investment Trust Insider. 24 September 2018
8:
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467:Real estate companies established in 2016
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472:British companies established in 2016
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1:
477:2024 mergers and acquisitions
201:real estate investment trust
16:Real estate investment trust
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77:; 8 years ago
207:until it was acquired by
24:
225:initial public offering
243:
168:(288.1) million (2023)
148:(207.9) million (2023)
410:. FT. 29 January 2017
280:"Annual Results 2023"
241:
209:LondonMetric Property
205:London Stock Exchange
179:LondonMetric Property
128:203.5 million (2023)
21:
436:. 6 September 2022
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362:. 11 January 2024
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189:www.lxireit.com/
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135:Operating income
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388:. 4 March 2024
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438:. Retrieved
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412:. Retrieved
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390:. Retrieved
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364:. Retrieved
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338:. Retrieved
312:. Retrieved
308:
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287:. Retrieved
253:Alton Towers
245:
229:
218:
196:
195:
90:Headquarters
34:Company type
366:29 February
309:Morningstar
289:13 February
249:Thorpe Park
456:Categories
440:22 January
414:5 December
386:React News
340:5 December
314:2024-03-06
285:. LXi REIT
259:References
234:Operations
155:Net income
105:Key people
227:in 2018.
221:Bankinter
46:Traded as
197:LXi REIT
111:Chairman
66:Property
62:Industry
20:LXi REIT
434:City AM
392:4 March
360:Reuters
215:History
185:Website
117:Revenue
80: (
72:Founded
54::
174:Parent
94:London
38:Public
283:(PDF)
199:is a
442:2024
416:2019
394:2024
368:2024
342:2019
291:2024
251:and
82:2016
75:2016
56:LXI
52:LSE
458::
432:.
384:.
358:.
323:^
307:.
267:^
98:UK
96:,
444:.
418:.
396:.
370:.
344:.
317:.
293:.
166:£
146:£
126:£
84:)
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