Finance

High rent collection rate allows LXi to increase investor payout

By 2021-01-18T08:17:00

LXi REIT

LXi REIT has collected 96% of first quarter rents, allowing it to increase its dividend target.

The rent collection figure for the three months to the end of March is calculated on the basis of cash received versus contractual rent due and does not include rent deferrals. 

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