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BRIEF-LXI REIT acquires two separate portfolios of care homes and supported living properties
November 6, 2017 / 7:32 AM / 19 days ago

BRIEF-LXI REIT acquires two separate portfolios of care homes and supported living properties

Nov 6 (Reuters) - LXI REIT PLC:

* ANNOUNCE ACQUISITION OF TWO SEPARATE PORTFOLIOS OF CARE HOMES AND SUPPORTED LIVING PROPERTIES FOR A TOTAL CONSIDERATION OF £30.3 MILLION.​

* ‍EACH OF PORTFOLIO ACQUISITIONS IS BEING FUNDED FROM EQUITY RESOURCES WITH SENIOR DEBT FINANCE EXPECTED TO BE INTRODUCED IN NEAR TERM​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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