UK REIT LXi has announced the off-market sale and leaseback acquisition of a portfolio of 23 nursery schools in England for a total cost of £34 mln (€40 mln), reflecting an accretive 5.5% net initial yield.
UK REIT LXi has announced the off-market sale and leaseback acquisition of a portfolio of 23 nursery schools in England for a total cost of £34 mln (€40 mln), reflecting an accretive 5.5% net initial yield.
Real estate investor, developer and asset manager, Firethorn Trust has appointed Charlie Ingham as director of Firethorn Investment Management, its third-party investment, development and asset management services offering.