Organic Growth Drivers with External Opportunities
- Adam Strydom
- Jan 19, 2024
- 1 min read
LXi REIT PLC , a well-established closed-end real estate investment company, reported strong FY23 income results and well-covered dividend growth, driven by the economies scale generated by its successful merger with SECURE INCOME REIT PLC (SIR) and rental growth. Edison Group expects this to continue. Asset management, rent growth and portfolio positioning all mitigated the capital impact of market-wide weakness in property values.
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