REIT buys Bupa care home for £13.8m

Investor LXi REIT has bought a Bupa care home in Bristol for £13.8m. The property, which provides nursing and residential care, has been let to Bupa on a long lease. The deal was funded using LXi’s Scottish Widows loan facility. John White, partner of LXI REIT Advisors Ltd, said: ‘We are pleased to have completed…

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