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Lxi REIT acquires the SIG manufacturing facility at Welton in Carlisle
The Board of Lxi REIT has acquired the SIG manufacturing facility at Welton, Carlisle in a sale and leaseback transaction. The purchase price for the property is €10.6 million (£9.3 million), reflecting a net initial yield of 7.0% (net of acquisition costs). The property has been acquired with a new…