LXI is listed on the Premium Listing segment of the Official List of the UK Listing Authority. It aims to deliver inflation-protected income and capital growth to shareholders through investing in a diversified portfolio of UK property, that benefits from long-term index-linked leases with institutional-grade tenants.
In June 2019, LXI completed a £200 million capital raise, which was oversubscribed and well in excess of the target fundraising size.
BDO acted as reporting accountant for LXI REIT plc's £200m fund raise.
"I was pleased to work with the BDO Corporate Finance team on our third transaction together. Their approach was pragmatic and the output was clear and thorough. The team clearly have a genuine understanding of the sector and our challenges. Their communication with the management team and the Board offered valuable assurance on a successful equity raise."
Freddie Brookes, Head of Finance, LXI REIT Advisors
"This is another hugely positive fund raise for LXI and it's great to see the business continuing to grow from strength to strength. We've thoroughly enjoyed working with them throughout their journey."
Simon Hall, Director, BDO