LXI.L Share News (LXI)

IN BRIEF: LXi REIT adds "substantial" solar array at Bombardier

LXi REIT PLC - London-based commercial real estate investment trust - Announces addition of "a substantial solar array" at its Bombardier facility at Biggin Hill Airport in Bromley, England. Generation arm of Octopus Energy Group is funding the array at no cost to LXi. LXi is facilitating the installation of the 1.2 megawatt peak array as part of plans for the forward funding development at Biggin Hill, which it acquired in 2019. The Bombardier facility, which hosts the maintenance, repair and overhaul of aircraft, completed in March 2022.

UK dividends calendar - next 7 days

LXi earnings rise as portfolio value narrows slightly

(Sharecast News) - LXi REIT reported a strong set of interim results on Thursday, with EPRA earnings per share increasing 12.1% to 4.07p and contracted annual rental income rising to £204.2m from £202.2m at the start of the period.

LXi REIT ups dividend despite net asset value fall

(Alliance News) - LXi REIT PLC on Thursday reported a decline in net asset value, noting higher interest rates set by the Bank of England.

UK earnings, trading statements calendar - next 7 days

London close: Stocks mixed as investors digest Autumn Statement

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.

LXi REIT confirms potential GBP210 million Travelodge hotel sale

(Alliance News) - LXi REIT PLC on Wednesday confirmed recent press reports about the sale of 66 Travelodge hotels for a combined sum of GBP210 million.

LXi REIT confirms potential sale of 66 Travelodge hotels

(Sharecast News) - LXi REIT responded to press speculation on Wednesday, confirming that it was currently under offer and in solicitors' hands regarding the potential sale of 66 Travelodge hotels.

IN BRIEF: LXi REIT gets new extension for GBP60 million HSBC loan

LXi REIT PLC - FTSE 250 London-based commercial real estate investment trust - Agrees extension to existing GBP60 million loan facility with HSBC, part of HSBC Holdings PLC from December 2024 to December 2026, extending weighted average term from 5.1 years to 5.2 years. The HSBC facility was LXi's earliest maturing debt and was originally extended to December 2024 in early March. It retains its existing 2.05% per year above the sterling overnight indexed average, or Sonia, benchmark and has a 2.50% interest rate cap until December next year. LXi expects to hedge the facility's cost during the additional term to expiry in due course.

LXi REIT extends HSBC facility by two years

(Sharecast News) - LXi REIT announced an extension to its existing £60m loan facility with HSBC on Monday, pushing the term from December 2024 to December 2026, effectively lengthening the maturity date.

LONDON BROKER RATINGS: UBS downbeat on AJ Bell and Hargreaves Lansdown

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON BROKER RATINGS: HSBC raises Smith & Nephew to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

LXi REIT property valuation falls; rent collection hits 100%

(Alliance News) - LXi REIT PLC on Monday said its property valuation fell in the past six months, amid higher interest rates and inflation.

LXI Reit sees valuations fall, but 'green shots' emerging

(Sharecast News) - UK real estate investment trust LXI Reit has said it is seeing "green shoots emerging" after a tough macro environment led to another drop in valuations across its portfolio.

UK dividends calendar - next 7 days