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LXi REIT acquires €4.35 million long-let supported living portfolio

The Board of LXi REIT has completed the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Yorkshire. The purchase price for the Portfolio is €4.35 million (£3.8 million), reflecting a net initial yield of 6.0% (net of acquisition costs to the company).…

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