Investment Trusts

LXI REIT

LXI:LSE

LXI REIT

Actions
  • Price (GBX)127.60
  • Today's Change0.00 / 0.00%
  • Shares traded147.45k
  • 1 Year change18.08%
  • Beta--
Data delayed at least 20 minutes, as of Jul 18 2019 11:04 BST.
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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)21.57m
  • Net income in GBP34.12m
  • Incorporated2016
  • Employees--
  • Location
    LXI REITMermaid House, 2 Puddle DockLONDON EC4V 3DSUnited KingdomGBR
  • Phone+44 203 597 7900
  • Websitehttps://www.lxireit.com/
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Profile

Management group(s)--
AIC sector--
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 completed-0.16%22.05m
Undisclosed Industrial Properties(2)Deal completed07 Jan 201907 Jan 2019Deal completed8.14%14.89m
Undisclosed Industrial Facility,NewburyDeal completed13 Nov 201813 Nov 2018Deal completed6.33%22.10m
Travelodge Hotels(5)Deal completed13 Nov 201813 Nov 2018Deal completed6.33%58.07m
The RangeDeal completed24 Oct 201824 Oct 2018Deal completed10.48%5.58m
Data delayed at least 20 minutes, as of Jul 18 2019 11:04 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)
Allianz Technology Trust PLC30.86m21.05m606.06m0.0017.831.38--19.640.99360.99361.0212.850.0817--12.90--5.5716.405.6616.7571.6492.8068.2390.98----0.000.00-66.55-9.13-76.31-12.97----
Scottish Investment Trust PLC12.11m2.21m628.80m9.00307.380.9032--51.940.02720.02720.15469.270.0146--1.631,345,222.000.26596.890.26826.9859.1292.4418.2382.82----0.104930.54-83.97-40.20-96.65-56.74--12.82
P2P Global Investments PLC119.18m30.73m630.40m0.0021.300.8735--5.290.39520.39521.539.640.0932--6.01--2.40--2.43--93.73--25.78----5.700.3398---9.75--80.91------
Draper Esprit PLC120.82m110.58m634.44m28.004.911.035.705.251.101.101.205.240.2603--40.414,314,857.0023.9526.7524.2427.19----92.0186.61----0.00--63.78107.0691.43--52.64--
Henderson Smaller Companies Inv Trst PLC-42.96m-47.78m635.71m0.00--0.9706-----0.6395-0.6395-0.57518.77-0.058-------6.4513.64-6.6714.50--93.52--92.96----0.058813.61-27.93-2.73-30.15-3.33--26.43
VinaCapital Vietnam Opportunity Fund Ltd-51.82m-61.21m637.07m125.00--0.8347-----0.3263-0.3263-0.27574.13-0.0606-----414,556.90-7.1612.42-7.3812.68--80.86--76.93---26.990.007.70-15.0981.27-19.8411.10----
LXi REIT PLC21.57m34.12m665.34m--9.391.13--30.850.13580.13580.07971.120.0484--4.31--7.66--7.78------158.19------0.293--130.93--62.72------
BlackRock Smaller Companies Trust plc-26.27m-33.95m673.19m0.00--0.9987-----0.709-0.709-0.548714.08-0.0344-------4.448.05-4.498.13--88.76--87.64----0.058921.16-118.25---125.07----21.06
Riverstone Energy Ltd-190.18m-193.85m678.39m0.00--0.5892-----2.32-2.32-2.2614.41-0.1489-------15.182.52-15.182.52------90.21---287.600.000.00-590.97---640.06------
BlackRock World Mining Trust Plc-79.50m-91.09m678.84m0.00--0.9902-----0.5164-0.5164-0.45063.89-0.092-------10.54-0.8452-12.22-0.9749---53.16---115.20----0.1428---146.61---157.34-----3.04
Foresight Solar Fund Ltd62.13m56.01m683.43m0.0011.281.12--11.000.11040.11040.12871.110.1135--108.43--10.23--10.26--90.51--90.15------0.00--55.04--59.62------
NextEnergy Solar Fund Ltd80.15m71.58m695.94m--10.541.08--8.680.11340.11340.13031.110.1134--2.33--10.12--10.61--93.22--89.31------0.00--109.80--122.57------
Law Debenture Corporation plc-27.19m-59.79m698.47m123.00--1.04-----0.5059-0.5059-0.23015.65-0.0322-----221,089.40-7.085.14-7.225.32--91.70--55.66---11.670.145751.46-120.01---157.02--1.634.73
JPMorgan Japanese Investment Trust PLC-20.07m-27.88m707.88m0.00--0.9637-----0.1729-0.1729-0.12454.56-0.0229-------3.1913.75-3.2314.27--95.38--93.81----0.10876.94183.336.17201.485.89--12.30
Schroder Oriental Income Fund Limited2.74m-6.32m712.89m0.00--1.13--260.18-0.0245-0.02450.01082.430.004--0.5385---0.91979.63-0.99610.51-107.9688.41-230.4784.43----0.070238.58-85.09-18.60-91.33-25.89--5.42
Fidelity Special Values PLC3.22m-5.13m724.55m0.00--1.04--225.37-0.0175-0.01750.0122.520.0046--1.67---0.738810.31-0.748810.50-113.3190.68-159.6388.13----0.0017.39-42.61-15.47-46.46-17.09--9.00
Data as of Jul 18 2019. Currency figures normalised to LXI REIT's reporting currency: UK Pound GBX

Institutional shareholders

18.71%Per cent of shares held by top holders
HolderShares% Held
Thames River Multi-Capital LLPas of 30 Jun 201925.19m4.83%
J. M. Finn & Co. Ltd.as of 16 Oct 201815.97m3.06%
Brooks Macdonald Asset Management Ltd.as of 16 Oct 201812.68m2.43%
Close Asset Management Ltd.as of 12 Oct 20177.57m1.45%
BlackRock Advisors (UK) Ltd.as of 04 Jul 20197.43m1.43%
Baillie Gifford & Co.as of 16 Oct 20176.89m1.32%
Heartwood Wealth Management Ltd.as of 28 Feb 20196.15m1.18%
Schroder & Co. Ltd.as of 29 Mar 20195.64m1.08%
BlackRock Fund Advisorsas of 03 Jul 20195.24m1.01%
Kames Capital Plcas of 28 Jun 20194.78m0.92%
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Data from 28 Feb 2019 - 30 Jun 2019Source: FactSet Research Systems Inc.
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