Finance

LXI REIT posts 8% valuation fall

By 2023-04-12T09:52:00

Stephen Hubbard, non-executive chairman of LXi REIT

LXi REIT has revealed an 8% fall in the value of its long-income portfolio as it suffers from industry-wide outward yield movement.

Knight Frank valued the group’s properties at £3.36bn as of the end of March, compared to £3.66bn at the end of September.

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