LXi REIT acquires the freehold interest in a portfolio of supported living properties

LXi REIT has exchanged contracts on the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Colchester, Essex (74%), Birmingham (17%) and Dover, Kent (9%). The purchase price for the portfolio is £6.2 million (c. €7 million), reflecting a net initial yield of…