Finance

LXi continues portfolio shake-up

By 2020-10-20T07:08:00

Aldi supermarket

Source: Shutterstock/jax10289

LXi REIT has made another £17m worth of asset sales and paid £15m for two foodstores as part of its ongoing portfolio management programme.

The company has sold its sole office, a long-let property in Cambuslang, Glasgow occupied by the local council, to a specialist REIT for £8m, reflecting a low exit yield of 4.2%.

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