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LXi REIT acquires £20.25 million long-let student accommodation in Dundee

LXi REIT has acquired a long-let student accommodation scheme in Dundee. The purchase price for the property is £20.25 million (c. €23 million), reflecting a net initial yield of 6.3% (net of acquisition costs to the company). The property is fully let to Mears Group PLC, a provider of support se[…]