Lxi REIT purchases pre-let Premier Inn Hotel, a GE Oil & Gas facility and a Travelodge

The Board of Lxi REIT has exchanged contracts to forward purchase the new Premier Inn hotel and Beefeater restaurant currently under construction at Spanish City Promenade, Whitley Bay, North Tyneside. The company has also completed the acquisitions of the GE Oil & Gas facility at Cramlington, Northumberland and the Travelodge…