LONDON: The Board of LXi REIT announced seven separate long income acquisitions in the grocery sector from six different developers/vendors, following the Company’s £125 million capital raise on 11 March 2021. The Acquisitions are for a total cost of £85 million and comprise both pre-let forward fundings and built investments, secured to strong tenant covenants…
All posts tagged Grocery
B&M
B&M (also known as B&M Bargains and the larger B&M Homestore) is a UK variety retailer formed in 1978. It employs over 28,000 staff. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index. Type: Société anonyme Traded as: LSE: BME Industry: Retail Founded: 14 March 1978;…
Bunzl Plc acquires Joshen Paper & Packaging
LONDON: Bunzl plc, the specialist international distribution and services Group, announces that it has acquired Joshen Paper & Packaging to expand its footprint in the US. Joshen Paper & Packaging, which is based in Cleveland, Ohio and operates from a number of locations across 11 states in the US, is engaged in the distribution of…