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LXI REIT plc Stock Price

LSE:LXI Community·UK£1.7b Market Cap
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LXI Share Price Performance

UK£0
0.00 (0.00%)
UK£0
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LXI Community Narratives

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Snowflake Analysis

Good value average dividend payer.

2 Risks
3 Rewards

LXI REIT plc Key Details

UK£256.3m

Revenue

UK£9.0m

Cost of Revenue

UK£247.3m

Gross Profit

UK£589.3m

Other Expenses

-UK£342.0m

Earnings

Last Reported Earnings
Sep 30, 2023
Next Reporting Earnings
n/a
-0.20
96.49%
-133.44%
62.3%
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About LXI

Founded
2016
Employees
n/a
CEO
Simon Lee
WebsiteView website
www.lxireit.com

LXI REIT plc invests in commercial property assets predominantly in the UK, let, or pre-let, on long (typically 20 to 30 years to expiry or first break), inflation-linked leases to a wide range of strong tenant covenants across a diverse range of robust property sectors. The Company may invest in fixed-price forward funded developments, provided they are pre-let to an acceptable tenant and full planning permission is in place. The Company will not undertake any direct development activity nor assume direct development risk. The Company is targeting a dividend of 6.6 pence per ordinary share for the year which commenced on 1 April 2023. The Company, a real estate investment trust ("REIT") incorporated in England and Wales, islisted on the premium listing segment of the Official List of the UK Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in February 2017. The Company is a constituent of the FTSE 250, EPRA/NAREIT, MSCI and STOXX Europe 600 indices.

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