LXi REIT plc is a FTSE 250 real estate investment trust which invests in a diversified portfolio of long-lease UK commercial property assets.
LXi REIT has over 70 high quality tenants and its portfolio consists of 191 properties across 11 sub-sectors. On 11 May 2022 it announced the recommended offer for Secure Income REIT.
Peel Hunt has worked closely with LXi REIT and its investment advisor, LXi REIT Advisors Limited, since 2017 when we acted as Sole Bookrunner, Sponsor and Broker on its Main Market IPO, raising £138m. Since IPO, we have continued to support LXi REIT’s growth, having completed six further equity issues, raising total proceeds of £914m, and, LXi REIT now has a market cap of £1.3bn. We have also led the way in trading of LXi REIT’s stock, being ranked number 1 for total trading volumes since its IPO.