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LXi REIT acquires £1.4 million supported living portfolio in Greater London

LXi REIT has acquired the freehold interest in a portfolio of regulated long-let supported living properties located in Greater London. The purchase price for the portfolio is £1.4 million (c. €1.59 million), reflecting a net initial yield of 6.0% (net of acquisition costs). Each property is imme[…]