Posts tagged: LXI REIT

LondonMetric in £4 billion merger talks with LXI REIT, reveals Bloomberg - Part 2

Tuesday, 19 December 2023, 5:28 pm

So, it turns out it wasn't Bloomberg that broke the story about LXI REIT's £4 billion merger talks with LondonMetric.

It was, in fact, React News that broke the story 15 minutes before Bloomie pumped out their own version.

Hat tip, then, to React News for landing the scoop and apologies for attributing it to our arch rivals at Bloomberg...

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LondonMetric in £4 billion merger talks with LXI REIT, reveals Bloomberg

Monday, 18 December 2023, 2:46 pm

There has been talk of consolidation among London-listed property companies and real estate investment trusts for a while and it would appear Bloomberg have just broken a decent scoop about a potential landmark transaction.

According to Bloomie, FTSE 250-listed REIT LondonMetric is in talks with to merge with LXI REIT. Below is a link to the Bloomberg scoop:..

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