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LXi REIT signs fixed rate 11.5-year term loan facility of £40 million

LXi REIT has signed a new 11.5-year, fixed rate, interest only loan facility of £40 million (c, €45.3 million) with Scottish Widows Limited, acting in partnership with Lloyds Bank Commercial Banking. This second facility has a fixed all-in rate payable of 2.85% per annum, for the duration of the loan…

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