LXi REIT plc is a new closed-ended fund established to deliver inflation-protected income and capital growth over the medium-term for shareholders through investing in a diversified portfolio of UK property, that benefits from very long-term (typically, 20 to 30 years to expiry or first break) index-linked leases with institutional grade tenants. LXi REIT will not undertake any direct development activity nor assume direct development risk.


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Issue of Equity

Q3 factsheet

Result of Equity Issue

£18.9 MILLION ACQUISITION OF A LONG-LET SUPPORTED LIVING PORTFOLIO

The Board of LXi REIT plc (ticker: LXI) is pleased to announce that the Company has exchanged contracts on the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Greater London (50%), Devon (30%), Surrey (14%), Essex (4%) and Northampton (2%) (the "Portfolio"). The purchase price for the Portfolio is £18.9 million, reflecting a net initial yield of 6.0% (net of acquisition costs to the Company).

Each property is immediately income producing and has been let on a new 35-year lease, with no tenant break, to a specialist Registered Provider of social housing. The Registered Provider is regulated by the Homes and Communities Agency and receives its funding for the rent payments directly from the relevant local authority.

Each lease is subject to annual upward-only rent reviews index-linked to the Consumer Prices Index (uncapped) and the Registered Provider is responsible for the costs of repair, maintenance, insurance and outgoings.

The properties in the Portfolio comprise specialist, high quality supported living homes for individuals with physical and/or mental disabilities or other care needs.

The acquisition is being funded from equity resources following the Company's second issue of shares on 12 October, with senior debt finance expected to be introduced in the near term.

Completion of the acquisition is due to occur in the next few days.

ACQUISITION OF TWO SEPARATE PORTFOLIOS OF CARE HOMES AND SUPPORTED LIVING PROPERTIES FOR A TOTAL OF £30.3 MILLION

The Board of LXi REIT plc (ticker: LXI) is pleased to announce the acquisition of two separate portfolios of care homes and supported living properties for a total consideration of £30.3 million.

Each of the portfolio acquisitions is being funded from equity resources following the Company's second issue of shares on 12 October, with senior debt finance expected to be introduced in the near term.

Acquisition of 31-year let care home portfolio for £28.5 million at 6.5% NIY

The Company has acquired the freehold interest in five modern, purpose-built care homes in Leicestershire and Lincolnshire (the "Properties") for a total consideration of £28.5 million, reflecting a net initial yield of 6.5% (net of acquisition costs to the Company).

Each of the Properties, benefiting from very high occupancy levels, is fully let to Prime Life, an established Care Quality Commission-regulated care operator which provides specialist facilities and services for elderly care, high dependency dementia and also for younger residents with learning disabilities, mental illnesses and physical disabilities. Prime Life is a family-owned business, with over 30 years' experience and currently operates over 1,800 beds across 60 homes in the UK.

The leases are immediately income producing and have an unexpired term of 31 years (expiring November 2048), without a break, and are subject to annual upward-only reviews index-linked to the Retail Prices Index (collared and capped at 2% p.a. and 3.5% p.a. compound).

Acquisition of 25-year let supported living portfolio for £1.8 million at 6.0% NIY

The Company has completed the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Lancashire and Yorkshire (the "Portfolio"). The purchase price for the Portfolio is £1.8 million, reflecting a net initial yield of 6.0% (net of acquisition costs to the Company).

Each property is immediately income producing and has been let on a new 25-year lease, with no tenant break, to a specialist Registered Provider of social housing. The Registered Provider is regulated by the Homes and Communities Agency and receives its funding for the rent payments directly from the relevant local authority.

Each lease is subject to annual upward-only rent reviews index-linked to the Consumer Prices Index and the Registered Provider is responsible for the costs of repair, maintenance, insurance and outgoings.

The Company has also now completed the acquisition of the £18.9 million 35-year let supported living portfolio, the exchange of which was announced on 16 October.

Simon Lee, Partner of LXi REIT Advisors Limited, commented:

"The Company has now deployed 92% of the net proceeds of its second issue of shares announced on 12 October 2017 and we are in solicitors' hands on further acquisitions which will fully absorb the outstanding balance of the fundraise in the next few weeks.

Since the Company's IPO on 27 February 2017, the Company has deployed a total of £234 million of equity and debt capital across 29 acquisitions at an average net initial yield of 6.0% and with a weighted average unexpired lease term to first break of over 24 years."

Acquisition, full deployment of funds, and update

ORWARD FUNDED PRE-LET INVESTMENT AND FULL DEPLOYMENT OF SECOND EQUITY ISSUE AND PORTFOLIO UPDATE

The Board of LXi REIT plc (ticker: LXI) is pleased to announce that the Company has exchanged contracts on the pre-let forward funded acquisition of a new Premier Inn hotel in the East Midlands and has now fully deployed the net proceeds of its second equity issue of £60.2 million of 12 October 2017.

£6.9 million forward funded acquisition of 25-year pre-let Premier Inn hotel, East Midlands

The Company has exchanged contracts on the pre-let forward funding acquisition of a new Premier Inn hotel in the East Midlands (the "Property"). The total funding commitment is £6.9 million, reflecting a net initial yield of 5.20% (net of acquisition costs to the Company).

The Property has been fully pre-let to Premier Inn Hotels Limited, the principal hotel trading company of Whitbread PLC, a FTSE 100 company with a market capitalisation of £6.6 billion and the UK's largest hotel, restaurant and coffee shop operator. Whitbread Group PLC is the tenant's guarantor under the terms of the lease.

The lease will run for a term of 25 years from completion of the building works, with no tenant break right. The rent is subject to five yearly upward only reviews index-linked to the Consumer Prices Index (collared and capped at 0% p.a. and 4% p.a. compound).

Full planning consent has been granted, the tenant pre-let has exchanged and the Company is acquiring the land and forward funding on a fixed-price basis. The developer will pay the Company a licence fee during the construction period. The Company is not developing the site or assuming development risk. Completion of the purchase is due to occur in the next few weeks.

The acquisition is being funded from equity resources following the second issue of shares on 12 October 2017, with senior debt finance expected to be introduced in the near term.

Full deployment of second equity issue of 12 October and update on Company portfolio

Following the Premier Inn forward funding acquisition referred to above, the Company has now fully deployed the net proceeds of its £60.2 million second equity issue of 12 October 2017. The headline statistics for the Company's total portfolio acquired since IPO on 27 February 2017 are:
· £241 million of equity and debt capital deployed (excluding acquisition costs)

· Attractive average net initial property yield of 6.0%

· Long weighted average unexpired lease term to first break of 24 years

· 97% of the income is index-linked or contains fixed uplifts

· Assets are diversified across eight robust sectors: hotels (25%), supported living (24%), care homes (22%), industrial (9%), car parks (8%), discount retail (6%), leisure (4%) and automotive (2%)

· Rental income is secured against 19 strong tenants, including Aldi, Costa Coffee, General Electric, Home Bargains, Lidl, Motorpoint, Premier Inn, Prime Life, The Priory Group, Q-Park, SIG, Specialist Housing Associations, Starbucks and Travelodge

· Significant geographic diversification across 18 different counties in the UK

· The properties have been acquired, predominantly off-market, via 30 separate purchase transactions, with an average lot size of £8 million and a good mix of pre-let forward funding, forward commitment and built asset structures

£1.4 MILLION ACQUISITION OF A LONG-LET SUPPORTED LIVING PORTFOLIO, GREATER LONDON

The Board of LXi REIT plc (ticker: LXI) is pleased to announce that the Company has acquired the freehold interest in a portfolio of regulated long-let supported living properties located in Greater London (the "Portfolio"). The purchase price for the Portfolio is £1.4 million, reflecting a net initial yield of 6.0% (net of acquisition costs to the Company).



Each property is immediately income producing and has been let on a new 35-year lease, with no tenant break, to a specialist Registered Provider of social housing. The Registered Provider is regulated by the Homes and Communities Agency and receives its funding for the rent payments directly from the relevant local authority.



Each lease is subject to annual upward-only rent reviews index-linked to the Consumer Prices Index and the Registered Provider is responsible for the costs of repair, maintenance, insurance and outgoings.



The properties in the Portfolio comprise specialist, high quality supported living homes for individuals with physical and/or mental disabilities or other care needs.



John White, Partner of LXi REIT Advisors Limited, commented:

"This supported living portfolio provides the Company with an attractive 6.0% net initial yield underpinned by unbroken 35-year, index-linked leases, with strong underlying residential values."

£20.25 MILLION ACQUISITION OF LONG-LET STUDENT ACCOMMODATION, DUNDEE

The Board of LXi REIT plc (ticker: LXI) is pleased to announce that the Company has acquired a long-let student accommodation scheme in Dundee (the "Property"). The purchase price for the Property is £20.25 million, reflecting a net initial yield of 6.3% (net of acquisition costs to the Company).

The Property is fully let to Mears Group PLC ("Mears Group"), a FTSE listed company with a market capitalisation of £430 million and a leading provider of support services to the public and private social sousing and care sectors in the UK.

The lease has an unexpired term of over 21.5 years, with no tenant break right, expiring on 22 September 2039. The rent is reviewed annually in line with uncapped Consumer Prices Index inflation (collared at 1% per annum).

The Property provides 413 beds and comprises 379 single rooms within cluster flats of two to six beds, alongside nine one-bed flats and 25 self-contained studio flats. The Property has recently undergone a significant refurbishment programme, which completed in September 2017.

The Property is strategically located in the centre of Dundee, within a five minute walk of both the University of Dundee and Abertay University. The University of Dundee has been named The Times Good University Guide's Scottish University of the Year for 2016 and 2017. The University of Dundee has a population of 14,910 students and Abertay University has a population of 4,005 students, providing strong occupational demand.

The Property benefits from a high level of occupancy and the city of Dundee has a strong underlying supply/demand imbalance for student housing, with university provided accommodation in Dundee representing only 15% of total stock.

The acquisition is being funded using the proceeds of the Company's new 11.5-year loan facility secured from Scottish Widows in December 2017 at a fixed rate of 2.85% per annum.

The Company has now deployed £263 million of equity and debt capital (excluding costs) since its IPO in February 2017 at an average net initial yield of over 6%, with an average unexpired lease term to first break of 24 years, diversified across nine robust property sectors and 23 strong tenants and with 97% of the income inflation-linked or with fixed-uplifts. The Company is in solicitors' hands on further acquisitions which are expected to complete shortly and which will absorb the balance of its debt facilities.

Simon Lee, Partner of LXi REIT Advisors Limited, commented:

"We are pleased to have acquired the Dundee student scheme, which further diversifies the Company's sector exposure. The acquisition provides a long-term, index-linked income stream at an attractive net initial yield, underpinned by an excellent location in a leading university city and a strong underlying trading performance."

Acquisition

£3.4 MILLION ACQUISITION OF STOBART BIOMASS STORAGE AND PROCESSING PLANT, ROTHERHAM, YORKSHIRE

The Board of LXi REIT plc (ticker: LXI) is pleased to announce that the Company has acquired the freehold interest in the Stobart biomass storage and processing plant in Rotherham, Yorkshire (the "Property") in a sale and leaseback transaction. The purchase price for the Property is £3.4 million, reflecting a net initial yield of 6.2% (net of acquisition costs to the Company).

The Property has been acquired with a new 20-year lease in place and is fully let to Stobart Biomass Products Limited and guaranteed by its parent, Stobart Group Ltd ("Stobart Group"), a FTSE 250 listed company and one of the UK's leading infrastructure and support service businesses operating in the energy, aviation and rail sectors.

The new 20-year lease, which has no tenant break right, benefits from five yearly Retail Prices Index linked rent reviews (collared at 1.5% per annum and capped at 4% per annum).

The Property extends to a total of six acres and will be used by Stobart Group as a storage and processing site to supply the nearby 41 megawatt Templeborough Biomass Power Plant with biomass timber waste. The Property is located close to the centre of Rotherham and has good access to the national motorway network, with the M1 and M18 in close proximity.

The acquisition is being funded using the proceeds of the Company's new 11.5-year loan facility secured from Scottish Widows in December 2017 at a fixed rate of 2.85% per annum.

ACQUISITION, FULL DEPLOYMENT OF EQUITY AND DEBT AND PORTFOLIO UPDATE

The Board of LXi REIT plc (ticker: LXI) is pleased to announce that the Company has exchanged contracts on the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Colchester, Essex (74%), Birmingham (17%) and Dover, Kent (9%) (the "Portfolio").

The purchase price for the Portfolio is £6.2 million, reflecting a net initial yield of 6.0% (net of acquisition costs to the Company).

Each property is immediately income producing and has been let on a new 25-year lease, with no tenant break, to a specialist Housing Association, which is a Registered Provider of social housing. The Registered Provider is regulated by the Regulator of Social Housing and receives its funding for the rent payments directly from the relevant local authority.

Each lease is subject to annual upward-only rent reviews index-linked to the Consumer Prices Index and the Registered Provider is responsible for the costs of repair, maintenance, insurance and outgoings.

The properties in the Portfolio comprise specialist, high quality supported living homes for individuals with physical and/or mental disabilities or other care needs.

The acquisition is being funded using the proceeds of the Company's new 11.5-year loan facility secured from Scottish Widows in December 2017 at a fixed rate of 2.85% per annum.

Portfolio update - full deployment of equity and debt

The Company has now fully deployed its net equity and debt capital, totalling £273 million (excluding acquisition costs). Across the Company's portfolio, the headline statistics are:

· Long weighted average unexpired lease term to first break of 24 years

· Attractive 6.03% average Net Initial Property Yield

· 313 bps spread between the 6.03% Net Initial Property Yield and the Company's 2.90% per annum fully fixed average cost of debt

· Average debt maturity of 11.5 years

· 91% index-linked rent reviews, 6% fixed rental uplifts and 3% open market rent reviews

· 88 properties, with significant geographic diversification across the United Kingdom

· 100% let or pre-let

· 25 strong tenants, including Aldi, Costa Coffee, General Electric, Home Bargains, Lidl, Motorpoint, Mears Group, Premier Inn, The Priory Group, Prime Life, Q-Park, QHotels, SIG, Specialist Housing Associations, Starbucks, Stobart Group and Travelodge

· Nine robust property sectors: supported living (24%), hotels (23%), care homes (19%), industrial (9%), student (7%), car parks (7%), discount retail (6%), leisure (3%) and automotive (2%)

· Good mix of forward funding, forward commitment and built asset structures

Simon Lee, Partner of LXi REIT Advisors Limited, commented:

"The Company has continued to perform strongly since its IPO in February 2017, effectively delivering on our stated objectives and in many areas surpassing our original expectations. The Company's secure, diversified and growing index-linked income stream as well as attractive capital appreciation from across our long-let portfolio is delivering attractive returns to our shareholders.

We are well placed with an excellent platform for growth and we look forward to driving further value for our shareholders throughout this financial year and for the long term."

The Board of LXi REIT plc (ticker: LXI) has declared an interim dividend in respect of the period from 1 October 2017 to 31 December 2017 of 1.0 pence per ordinary share, payable on 29 March 2018 to shareholders on the register at 2 March 2018. The ex-dividend date will be 1 March 2018.

0.9 pence of this dividend will be paid as a Property Income Distribution ("PID") and 0.1 pence will be paid as an ordinary UK dividend ("non-PID"). PID dividends are paid out of tax-exempt property rental income. Dividends paid from licence fee income that the Company receives from developers during the construction period on forward funding projects are treated as non-PID dividends.

Shareholders entitled to elect to receive PID distributions without deduction for withholding tax should complete the declaration form which is available in the Investors section of the Company's website, www.lxireit.com and returned to the Company's registrar, Link Asset Services, at The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU.

Increase in Dividend Targets

The Board of LXi REIT plc (ticker: LXI) is pleased to announce that the Company has increased its dividend targets as follows:

· for the period from IPO to 31 March 2018, the target total dividend has been increased by 33.3% to 4.0 pence per share*, up from a minimum of 3.0 pence per share

· for the period from 1 April 2018 to 31 March 2019, the target annual dividend has been increased by 10% to 5.5 pence per share*, up from a minimum of 5.0 pence per share

This increase follows the full deployment by the Company of its equity and debt capital at an average net initial property yield of 6.03%. This net initial property yield is higher than the original target level and is 313 basis points above the Company's average cost of debt of 2.90% per annum, which is fully fixed until July 2029.

The attractive average acquisition yield reflects, inter alia, the discount achieved on forward funding pre-let developments in smaller lot sizes, the off-market nature of the vast majority of the Company's investments and our multi-sector approach which enables the Company to selectively acquire attractively-priced assets across a wide range of sectors.

Since its IPO in February 2017, the Company has carefully assembled a £273 million portfolio of secure, long-dated and inflation-linked UK property assets, through both forward funding pre-let developments and built asset acquisitions. The portfolio is highly diversified across 25 strong tenants and nine property sectors and benefits from a long weighted average unexpired lease term to first break of 24 years.

97% of the Company's rental income is index-linked to inflation or benefits from fixed rental uplifts and the target dividend is expected to grow further over time broadly in line with UK inflation.*

The Company pays a quarterly dividend, with payments having commenced in December 2017. The Company is targeting a net total shareholder return of a minimum of 8 per cent. plus per annum over the medium term.*

Stephen Hubbard, Chairman of LXi REIT plc, commented

"Following our IPO in February 2017, we have carefully assembled a high quality portfolio of secure, long-let and inflation-linked assets, highly diversified by sector, tenant and geography, whilst maintaining capital discipline.

Our disciplined and value-led approach is driving attractive long term and secure income and capital returns for our shareholders, ahead of original expectations, and we are well placed to deliver further value for the long term."

Quarterly Fact Sheet

COMPLETION OF CONSTRUCTION WORKS TO GE OIL & GAS FACILITY

The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to announce that the construction works have now completed, on schedule and on budget, in respect of the new manufacturing and head office facility built for the GE Oil & Gas group in Cramlington, near Newcastle (the "Property").

The Company forward funded the Property on a fully pre-let and fixed-price basis at a 5.75% net initial yield (£11.09m) and received a developer licence fee during the construction period.

The Property has been fully pre-let to GE's Oil & Gas subsidiary, PII Ltd, whose lease obligations are guaranteed by its parent, GE UK Group. The lease runs for a term of 20 years (with no tenant break right) from completion of construction works and is subject to five yearly upward only rent reviews index-linked to the Retail Price Index (collared and capped at 1.5% p.a. and 3.5% p.a. compound).

The Property has been purpose built for the tenant to a high specification as its new headquarters office and industrial facility, comprising of a 74,110 sq ft two storey office and double height industrial space with associated car parking and service yards.

Annual Results

FINAL DIVIDEND

Company Factsheet

INTERIM DIVIDEND AND UPDATE

Interim Dividend

The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to announce an interim quarterly dividend in respect of the period from 1 April 2018 to 30 June 2018 of 1.375 pence per ordinary share, payable on 28 September 2018 to shareholders on the register at 7 September 2018. The ex-dividend date will be 6 September 2018. The dividend reflects an annualised rate of 5.50 pence, in line with the Company's current annual dividend target.*

1.355 pence of this dividend will be paid as a Property Income Distribution ("PID") and 0.02 pence will be paid as an ordinary UK dividend ("non-PID"). PID dividends are paid out of tax-exempt property rental income. Dividends paid from licence fee income that the Company receives from developers during the construction period on forward funding projects are treated as non-PID dividends.

Shareholders entitled to elect to receive PID distributions without deduction for withholding tax should complete the declaration form which is available in the Investors section of the Company's website, www.lxireit.com and return to the Company's registrar, Link Asset Services, at The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU.

Update

The Company, having successfully deployed the £293 million of equity and debt capital raised since its IPO in February 2017, is contemplating an equity raise in 2018 to fund further investments in line with its investment policy and objectives and with a view to delivering further value for its shareholders. Any such raise is expected to follow the publication of an updated net asset value for the Company and a prospectus. A further announcement will follow in due course.

Possibly a haven for my JLIF money.

Quartely Factsheet

Issue of Equity

Proposed Initial Placing, Placing, Open Offer, Offer for Subscription and Intermediaries Offer and Notice of General Meeting

Further to its announcement on 6 August 2018, the Board of Directors (the "Board") of LXi REIT (ticker: LXI), the specialist inflation-protected long income REIT, today announces the proposed issue of further ordinary shares ("New Ordinary Shares") in the Company to raise gross proceeds of approximately £100 million (the "Issue"), the details of which will be set out in the Prospectus, expected to be published by the Company later today. The Issue will comprise of an Initial Placing, Placing, Open Offer, Offer for Subscription and Intermediaries Offer.

The Company was launched as a closed-ended investment company in February 2017. The Company has successfully deployed the £293 million of equity and debt capital raised both on and since its IPO in February 2017 and, consequently, on 6 August 2018, the Company announced that it has been considering a further equity raise to fund further investments in line with its investment policy to drive further value creation for its Shareholders.

Terms not otherwise defined in this announcement have the meanings that will be given to them in the Prospectus. This summary should be read in conjunction with the full text of the announcement and the Prospectus, when available.

Summary

· Issue of up to 44,457,159 New Ordinary Shares through an Initial Placing, targeting gross proceeds of approximately £50 million

· Issue of up to 44,457,159 New Ordinary Shares pursuant to a Placing, Open Offer, Intermediaries Offer and Offer for Subscription, targeting gross proceeds of approximately £50 million

· Qualifying Shareholders are being offered the opportunity to participate in the Open Offer on the basis of 7 New Ordinary Shares for every 31 Existing Ordinary Shares

· Qualifying Shareholders are also being offered the opportunity to subscribe for New Ordinary Shares in addition to their Open Offer Entitlement under the Excess Application Facility

· The Board have reserved the right to increase the size of the Issue by up to 66,518,847 New Ordinary Shares

· The Issue Price is 112.75 pence per New Ordinary Share. This represents a premium of 2.1 per cent. to the Net Asset Value per Ordinary Share as at 1 September 2018 (unaudited) of 113.2 pence per Ordinary Share, adjusted as detailed below

· The Issue Price represents a discount of 4.4 per cent. to the closing price per Ordinary Share on 21 September 2018 of 118 pence per Ordinary Share

· Conditional on Admission, a group of private, Spanish family offices linked to Mr Ram Bhavnani (the "Spanish Family Office Investors"), has committed to invest an aggregate of approximately £40 million pursuant to the Initial Placing and will be subject to lock-up restrictions for a period of two years from the date of Admission

· The Company will be subject to a 90 day lock-up on the issue of further Ordinary Shares from the date of Admission, subject to waiver by the Joint Bookrunners

· The Company is in advanced discussions with Scottish Widows Limited for a new 15 year term loan

· The Investment Advisor, on behalf of the Company, has identified a significant pipeline of additional assets which meet the Company's investment objective and investment policy, including off-market assets identified through the Investment Advisor's extensive contacts and relationships

· The pipeline assets, which total over £200 million in value, are diversified across a wide range of sub-sectors and are leased to institutional grade tenants on very long term leases with rents indexed upwards only in line with inflation. They benefit from a long weighted average unexpired lease term to first break of 23 years and a blended net initial yield of approximately 5.75 per cent. and are structured as both pre-let forward funding and standing investments

· The Company is currently targeting a dividend of 5.50 pence per Ordinary Share for the year ending March 20191

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