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IN BRIEF: LXi REIT declares dividend; advisor appoints new CFO

ALN

LXi REIT PLC - London-based commercial real estate-focused investment trust - Declares quarterly dividend of 1.65 pence per share, in line with 6.6p target for all of financial 2024. Investment advisor LXI REIT Advisors Ltd appoints Alex MacEachin as chief financial officer, replacing Freddie Brooks who resigned last week. MacEachin has practised at BDO LLP and has experience in property and construction finance and accounting matters, including as financial controller of Empiric Student Property PLC.

Current stock price: 90.85 pence, down 0.1% on Wednesday

12-month change: down 39%

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