Appleby have acted as Isle of Man legal adviser to LXi REIT plc on its recent £773 million debt refinancing
Published: 23 May 2023
Type: Deals
LXi REIT plc is a UK based specialist inflation-protected long income real estate investment trust listed on the London Stock Exchange and a constituent of the FTSE 250 Index
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LXi REIT plc has a portfolio of commercial property across a wide range of sectors including leisure, healthcare, hotels, food stores and education.
The Appleby team, which was led by partner Tom Brook supported by Senior Associate Sophia Howell Evans and Associate Ruby Agate, worked in conjunction with Stephenson Harwood LLP to provide Isle of Man legal advice across the new financing, redemptions and group restructuring aspects of the transaction.
