LXi REIT buys 11 foodstores, 2 discount stores for £61 million

LONDON: The Board of LXi REIT plc, the specialist inflation-protected very long income REIT, reported the acquisition of 11 foodstores and two discount stores from five different vendors/developers for a total cost of £61 million. The Acquisitions have been acquired at an attractive average net initial yield of 5.7% (net of acquisition costs) and with…