Investment Trusts

LXI REIT PLC

LXI:LSE

LXI REIT PLC

Actions
  • Price (GBX)130.40
  • Today's Change0.00 / 0.00%
  • Shares traded553.34k
  • 1 Year change24.04%
  • Beta--
Data delayed at least 20 minutes, as of May 17 2019 16:35 BST.
More ▼

Profile data is unavailable for this security.

About the company

LXI REIT PLC is a United Kingdom-based company, which focuses on becoming a real estate investment trust (REIT). The Company intends to invest in the United Kingdom commercial property assets. The investment objective of the Company is to deliver inflation-protected income and capital growth over the medium-term for shareholders through investing in a diversified portfolio of the United Kingdom property that benefits from long-term index-linked leases with institutional-grade tenants. The Company invests in a range of sectors, including office, retail, leisure, industrial, distribution and alternatives, including hotels, serviced apartments, housing and student accommodation. The Company also focus on sub-sector areas, such as discount retailers, budget hotel operators and distribution units fuelled by online retail. The Company's investment advisor is LXI REIT Advisors Limited.

  • Revenue in GBP (TTM)14.86m
  • Net income in GBP28.42m
  • Incorporated2016
  • Employees--
  • Location
    LXI REIT PLC5 Old BaileyLONDON EC4M 7BAUnited KingdomGBR
  • Phone+44 20 3597 7900
  • Websitehttp://www.lxireit.com/
More ▼

Profile

Management group(s)--
AIC sectorProperty Direct - UK
ISINGB00BYQ46T41
Launch date27 Feb 2017
Share typeOrdinary Share
Structure--
Base currencyGBP

Objective

To deliver inflation-protected income and capital growth over the medium-term for shareholders by investing in a diversified portfolio of UK property that benefits from long-term index-linked leases with institutional-grade tenants.

Managed by

Simon Lee Start :27 Feb 2017
John White Start :27 Feb 2017

Management & contract fees

The fee is payable monthly in arrear and is at the rate of: (i) one-twelfth of 0.75% per calendar month of Market Cap up to or equal to GBP 500m; and (ii) one-twelfth of 0.65% per calendar month of Market Cap above GBP 500m. No performance fee will be payable to the Investment Advisor. The Investment Management Agreement may be terminated on 12 months written notice.

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
LXI:LSE since
announced
Transaction
value
Garden CentreDeal completed26 Apr 201926 Apr 2019Deal completed2.03%22.05m
Undisclosed Industrial Properties(2)Deal completed07 Jan 201907 Jan 2019Deal completed10.51%14.89m
Undisclosed Industrial Facility,NewburyDeal completed13 Nov 201813 Nov 2018Deal completed8.67%22.10m
Travelodge Hotels(5)Deal completed13 Nov 201813 Nov 2018Deal completed8.67%58.07m
The RangeDeal completed24 Oct 201824 Oct 2018Deal completed12.90%5.58m
Data delayed at least 20 minutes, as of May 17 2019 16:35 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
GCP Asset Backed Income Fund Ltd27.06m21.64m416.40m0.0016.751.08--15.390.06540.06540.08181.020.0759--474.70--6.07--6.13--89.30--79.97----97.200.00--44.53--54.37------
Oakley Capital Investments Limited88.43m82.00m426.17m0.005.210.7429--4.820.40040.40040.43182.810.1585--260.48--14.7010.7015.2310.9798.1895.3392.7288.44--211.790.0012.3671.7374.4582.5229.18----
North Atlantic Smaller Cos Inv Tr PLC95.02m87.58m429.05m0.004.940.7908--4.526.076.076.5837.870.1884--12.60--17.3614.1717.4314.2692.9291.7892.1790.47----0.000.00113.4310.62121.049.12----
Jpmorgan Global Growth & Income PLC-32.34m-33.56m429.64m0.00--1.14-----0.2591-0.2591-0.25122.86-0.0768-------7.9711.82-8.2712.36--94.89--92.45----0.074417.64-64.01-4.58-64.42-4.98--32.50
Starwood European Real Este Fin Ltd32.18m26.18m429.75m0.0014.901.01--13.360.06980.06980.08581.030.0739--158.10--6.016.556.056.6084.6687.5681.3585.06----0.151990.280.588940.05-1.4645.00--13.18
TR European Growth Trust PLC-141.53m-145.86m442.96m0.00--0.9977-----2.91-2.91-2.828.86-0.2385-------24.5815.72-27.9617.54--93.67--91.99----0.12238.98-91.67-23.64-95.02-31.13--25.93
Henderson Far East Income Limited-6.78m-15.07m443.53m0.00--1.03-----0.1216-0.1216-0.0553.36-0.0144-------3.198.12-3.468.82--90.63--82.69----0.05769.27-79.95-17.60-90.19-27.43--4.91
Target Healthcare REIT Ltd30.66m28.16m444.39m0.0013.611.08--14.490.08480.08480.09231.070.0715--2.38--6.57--6.76------91.84------0.1445--20.41--44.38------
LXi REIT PLC14.86m28.42m459.42m--8.631.16--30.910.15110.15110.07981.120.0576--3.64--11.01--11.25------191.18------0.2955--------------
SQN Asset Finance Income Fund37.22m26.35m461.95m--18.080.957516.7312.410.05170.05170.07270.97550.0731--15.13--5.17--5.20--84.92--70.79----37.220.00--4.98---4.32------
Bluefield Solar Income Fund Ltd724.69k35.02m482.70m--13.781.14--666.080.09470.09470.0021.140.0017--45.94--8.34--8.35--31.68--4,832.66------0.00--21.90---45.67------
CVC Credit Partners Europn Opprtnity Ltd4.10m-20.96m488.34m0.00--1.07--119.18-0.0454-0.04540.00931.010.0089-------4.560.1125-4.570.112690.9497.14-511.502.14----0.004,197.10-88.01-16.93-257.01------
Edinburgh Dragon Trust plc-32.99m-41.63m496.81m0.00--0.9331-----0.2274-0.2274-0.17964.13-0.046-------5.808.58-6.048.75--92.05--85.53---95.570.04549.85-87.45-14.69-93.23-21.89--12.70
Baillie Gifford Shin Nippon PLC-31.01m-35.99m500.09m0.00--1.15-----0.1197-0.1197-0.12011.59-0.0659-------7.6513.07-7.7013.14--93.87--91.93----0.10690.00-126.85---132.21------
Standard Life UK Small.Co's Tst Plc-68.18m-72.96m504.94m0.00--1.14-----0.7812-0.7812-0.84974.40-0.1556-------16.6615.37-17.2515.61--93.14--91.86----0.05319.64-11.107.91-12.557.96--11.57
Data as of May 17 2019. Currency figures normalised to LXI REIT PLC's reporting currency: UK Pound GBX

Institutional shareholders

28.14%Per cent of shares held by top holders
HolderShares% Held
Thames River Multi-Capital LLPas of 30 Apr 201926.25m7.45%
J. M. Finn & Co. Ltd.as of 16 Oct 201815.97m4.53%
Brooks Macdonald Asset Management Ltd.as of 16 Oct 201812.68m3.60%
Heartwood Wealth Management Ltd.as of 30 Nov 20188.79m2.49%
Close Asset Management Ltd.as of 12 Oct 20177.57m2.15%
Baillie Gifford & Co.as of 16 Oct 20176.89m1.96%
BlackRock Advisors (UK) Ltd.as of 02 May 20195.56m1.58%
Renta 4 Gestora SGIIC SAas of 31 Jan 20195.49m1.56%
Amundi Iberia SGIIC SAas of 31 Dec 20185.34m1.52%
Hawksmoor Investment Management Ltd.as of 30 Apr 20184.60m1.31%
More ▼
Data from 30 Apr 2018 - 30 Apr 2019Source: FactSet Research Systems Inc.
The Financial and Risk business of Thomson Reuters is now Refinitiv
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.