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IN BRIEF: Secure Income takeover by LXi REIT sanctioned by court

Mon, 04th Jul 2022 15:14

Secure Income REIT PLC - London-based commercial real estate-focused investment trust - and fellow property investor LXi REIT PLC - Court sanctions scheme for LXi REIT to acquire Secure Income REIT.

Secure Income's shares are to be cancelled from trading with effect on Thursday.

Secure Income REIT current stock price: 467.00p

12-month change: up 22%

LXi REIT current stock price: 140.40p

12-month change: down 0.1%

By Dayo Laniyan; dayolaniyan@alliancenews.com

More News

4 Jun 2020 17:00

UK TRADING UPDATE SUMMARY: Air Partner Sees Strong Freight Activity

4 Jun 2020 13:13

Travelodge CVA seeks significant rent reductions from Secure Income Reit

(Sharecast News) - Travelodge is seeking temporary rent reductions of nearly 70% from Secure Income Reit, the budget hotel chain's largest landlord confirmed on Thursday.

3 Jun 2020 14:44

Secure Income Waiting On Hotel Chain Travelodge's CVA Plans

3 Jun 2020 12:53

Secure Income REIT hasn't seen details of Travelodge's CVA proposals

(Sharecast News) - AIM-listed Secure Income REIT said on Wednesday that it has not seen details of tenant Travelodge's proposals to launch a creditors voluntary arrangement as the hotel chain looks to secure rent cuts with its landlords amid the Covid-19 crisis.

22 May 2020 16:46

UK DIRECTOR DEALINGS SUMMARY: AJ Bell Execs Sell Amid Invesco Placing

22 May 2020 16:00

UK Dividends Calendar - Next 7 Days

23 Apr 2020 16:32

Secure Income declares quarterly divi, continues talks with Travelodge

(Sharecast News) - Secure Income REIT declared an interim quarterly dividend of 4.2p per share on Thursday, to be payable on 29 May to shareholders on the register on 1 May.

20 Apr 2020 11:54

Secure Income begins action to recover rent from Travelodge

(Sharecast News) - Secure Income REIT responded to recent press coverage around the Travelodge chain of budget hotels on Monday, confirming that the outstanding quarter's rent due from Travelodge amounted to 6.4% of its annual rental income.

20 Apr 2020 11:05

Secure Income REIT Begins Action To Recover Rent Owed By Travelodge

6 Apr 2020 16:21

Secure Income REIT still intending to pay quarterly dividend

(Sharecast News) - Secure Income REIT updated the market on its operations in light of the Covid-19 coronavirus pandemic on Monday, saying that of the rents due to date, representing over 94% of the total quarterly rent roll, 76% had been paid on time.

6 Apr 2020 11:52

Latest Share Chat

SIR.L Share News (SIR)

IN BRIEF: Secure Income takeover by LXi REIT sanctioned by court

UK TRADING UPDATE SUMMARY: Air Partner Sees Strong Freight Activity

Travelodge CVA seeks significant rent reductions from Secure Income Reit

Secure Income Waiting On Hotel Chain Travelodge's CVA Plans

Secure Income REIT hasn't seen details of Travelodge's CVA proposals

UK DIRECTOR DEALINGS SUMMARY: AJ Bell Execs Sell Amid Invesco Placing

UK Dividends Calendar - Next 7 Days

Secure Income declares quarterly divi, continues talks with Travelodge

Secure Income begins action to recover rent from Travelodge

Secure Income REIT Begins Action To Recover Rent Owed By Travelodge

Secure Income REIT still intending to pay quarterly dividend

Secure Income REIT To Continue Dividend Payout; 76% Of Due Rent Paid

DIRECTOR DEALINGS SUMMARY: Plus500 Co-Founder Spends GBP4.6 Million

Secure Income REIT Lifts Dividend For 2019 Amid Higher Net Asset Value

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

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