LXi REIT has collected 100% of June rents, with no rents deferred.
The FTSE 250 firm is now planning to pay a quarterly dividend of 1.5p per share.
The long-income specialist’s portfolio is valued at just under £1bn and includes around 20 hotels, most let to Travelodge.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
