The Board of LXi REIT announced the acquisition of an Aldi foodstore and a Dobbies garden centre for a total cost of £24 million. The Acquisitions, which were acquired off-market, benefit from an accretive average net initial yield of 5.45% (net of acquisition costs), a long average unexpired lease term to first break of 29 years, are let to strong tenant covenants on sustainable, low rents, and 100% of the income is index-linked to RPI inflation through contractual rental uplifts.