LXI REIT PLC
ISIN: GB00BYQ46T41 | Ticker: LXI | LEI: 2138008YZGXOKAXQVI45
Country: United Kingdom
LXi REIT plc is a specialist inflation-protected long income real estate investment trust, providing shareholders with regular, attractive income, with the potential to sustainably grow the dividend in absolute terms through upward-only inflation-protected very long-term leases, together with capital growth.
We selectively invest in commercial property assets let, or pre-let, on very long (typically 20 to 30 years to expiry or first break), inflation-linked, triple net leases to a wide range of strong tenant covenants across a diverse range of robust property sectors. We focus on structurally supported sub-sectors and underlying property fundamentals including low starting rents. Our key strategies include forward fundings, sale and leasebacks and recycling of capital to deliver outperformance.
2016
Served areaUnited Kingdom
Headquarters6th Floor, 125 London Wall, EC2Y 5AS London – United Kingdom
| Line item in (gbp) | 01.04.2020 | 01.04.2021 | 02.04.2021 | 01.04.2022 | 02.04.2022 | 01.04.2023 |
|---|---|---|---|---|---|---|
| Assets | N/A | 990,100,000.00 | N/A | 1,592,900,000.00 | N/A | 3,728,300,000.00 |
| Noncurrent Assets | N/A | 887,900,000.00 | N/A | 1,480,100,000.00 | N/A | 3,599,100,000.00 |
| Investment Property | N/A | 887,500,000.00 | N/A | 1,480,100,000.00 | N/A | 3,569,600,000.00 |
| Noncurrent Receivables | N/A | 400,000.00 | N/A | 0.00 | N/A | N/A |
| Noncurrent Derivative Financial Assets | N/A | N/A | N/A | 0.00 | N/A | 29,300,000.00 |
| Current Assets | N/A | 102,200,000.00 | N/A | 112,800,000.00 | N/A | 129,200,000.00 |
| Trade And Other Current Receivables | N/A | 13,700,000.00 | N/A | 19,400,000.00 | N/A | 16,800,000.00 |
| Cash and cash equivalents | 13,400,000.00 | 87,100,000.00 | N/A | 72,500,000.00 | N/A | 74,400,000.00 |
| Current Derivative Financial Assets | N/A | N/A | N/A | 1,200,000.00 | N/A | 3,100,000.00 |
| Equity | 648,000,000.00 | 781,400,000.00 | 781,400,000.00 | 1,300,700,000.00 | 1,300,700,000.00 | 2,108,100,000.00 |
| Issued Capital | N/A | 6,200,000.00 | N/A | 9,100,000.00 | N/A | 17,100,000.00 |
| Retained Earnings | N/A | 168,600,000.00 | N/A | 330,600,000.00 | N/A | -31,100,000.00 |
| Share Premium | N/A | 544,500,000.00 | N/A | 940,000,000.00 | N/A | 2,120,800,000.00 |
| Capital Redemption Reserve | N/A | N/A | N/A | 21,000,000.00 | N/A | 0.00 |
| Liabilities | N/A | 208,700,000.00 | N/A | 292,200,000.00 | N/A | 1,620,200,000.00 |
| Noncurrent Liabilities | N/A | 190,400,000.00 | N/A | 253,600,000.00 | N/A | 1,028,900,000.00 |
| Noncurrent Payables | N/A | 3,800,000.00 | N/A | 13,600,000.00 | N/A | N/A |
| Other Noncurrent Financial Liabilities | N/A | N/A | N/A | 0.00 | N/A | 254,700,000.00 |
| Longterm Borrowings | N/A | 186,600,000.00 | N/A | 240,000,000.00 | N/A | N/A |
| Noncurrent Portion Of Other Noncurrent Borrowings | N/A | N/A | N/A | 240,000,000.00 | N/A | 729,800,000.00 |
| Current Liabilities | N/A | 18,300,000.00 | N/A | 38,600,000.00 | N/A | 591,300,000.00 |
| Trade And Other Current Payables | N/A | 18,300,000.00 | N/A | 38,600,000.00 | N/A | 82,600,000.00 |
| Line item in (gbp) | 01.04.2019/ 01.04.2020 |
01.04.2020/ 01.04.2021 |
01.04.2021/ 01.04.2022 |
01.04.2022/ 01.04.2023 |
|---|---|---|---|---|
| Profit Loss From Operating Activities | 43,300,000.00 | 168,100,000.00 | 168,100,000.00 | -207,900,000.00 |
| Finance Costs | 5,300,000.00 | 6,800,000.00 | 6,800,000.00 | 54,000,000.00 |
| Gains Losses Arising From Difference Between Previous Carrying Amount And Fair Value Of Financial Assets Reclassified As Measured At Fair Value | N/A | N/A | 0.00 | -4,600,000.00 |
| Profit Loss Before Tax | 39,900,000.00 | 161,300,000.00 | 161,300,000.00 | -287,100,000.00 |
| Income Tax Expense Continuing Operations | 0.00 | -700,000.00 | -700,000.00 | 1,000,000.00 |
| Profit (loss) | N/A | 39,900,000.00 | 162,000,000.00 | -288,100,000.00 |
| Profit Loss Attributable To Owners Of Parent | 39,900,000.00 | 162,000,000.00 | N/A | N/A |
| Line item in (gbp) | 01.04.2020 | 01.04.2021 | 01.04.2022 | 01.04.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 39,900,000.00 | 162,000,000.00 | -288,100,000.00 |
| Adjustments For Finance Costs | 5,300,000.00 | 6,800,000.00 | 6,800,000.00 | 54,000,000.00 |
| Cash Flows From Used In Operating Activities | 28,900,000.00 | 51,400,000.00 | 51,400,000.00 | 169,700,000.00 |
| Interest Received Classified As Investing Activities | N/A | N/A | 0.00 | 400,000.00 |
| Cash Flows From Used In Investing Activities | -64,500,000.00 | -417,200,000.00 | -417,100,000.00 | -442,400,000.00 |
| Proceeds From Issuing Shares | 125,000,000.00 | 353,800,000.00 | 353,800,000.00 | 0.00 |
| Proceeds From Borrowings Classified As Financing Activities | 62,300,000.00 | 239,700,000.00 | 239,700,000.00 | 499,000,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | 40,000,000.00 | 186,000,000.00 | 186,000,000.00 | 322,600,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | N/A | 1,400,000.00 | 3,100,000.00 |
| Dividends Paid Classified As Financing Activities | 28,800,000.00 | 41,100,000.00 | 41,100,000.00 | 89,000,000.00 |
| Interest Paid Classified As Financing Activities | 5,900,000.00 | 6,600,000.00 | 6,600,000.00 | 40,400,000.00 |
| Cash Flows From Used In Financing Activities | 109,300,000.00 | 351,200,000.00 | 351,100,000.00 | 274,600,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | N/A | -14,600,000.00 | 1,900,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | 73,700,000.00 | -14,600,000.00 | N/A | N/A |
| Cash and cash equivalents | 13,400,000.00 | 87,100,000.00 | 72,500,000.00 | 74,400,000.00 |
Please note that some sums might not add up.
GB00BYQ46T41
LEI2138008YZGXOKAXQVI45
SectorEquity Real Estate Investment Trusts (REITs)
IndustryFTSE 250
Main Stock ExchangeKeep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.