Finance

LXi buys Costa drive-thrus and industrial unit for £36m

By 2021-05-12T07:05:00

Costa drive thru1

LXi REIT has struck a forward funding deal to buy a portfolio of Costa Coffee drive-thrus and an industrial asset for £36m.

The acquisitions have used up the balance of the company’s £125m equity capital raise last month, as well as some of the group’s revolving credit facility (RCF).

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