Quite a few of us will have been happily returning to shops as the retail sector fully reopened in recent weeks (Greig Cameron writes). There is uncertainty, though, over what impact the pandemic is going to have on consumer demand, customer numbers and working patterns. The knock-on effect of those issues on property assets, whether retail, industrial, office, leisure or housing, has yet to become clear.
LXi Reit was launched in 2016, aiming to give bond-like regular income to its backers. The plan was to buy buildings and hotels on long leases or to fund pre-let sites where high-quality tenants have agreed to move in. Many of its purchases have leases of at least 20 years, with rental uplifts index-linked to inflation.
The London-based trust