LXI REIT plc (LSE:LXI) exchanged contract to acquire London Romford Central Hotel from Premier Inn Hotels Limited on October 9, 2019. In a related transactions, LXI REIT plc exchanged contracts to acquire commercial vehicle centre, Birmingham and Aldi foodstore, Lytham St Annes. The combined consideration for all these transactions is £23 million. The transaction is financed from a new revolving credit facility of LXI REIT. LXI REIT plc (LSE:LXI) cancelled the acquisition of London Romford Central Hotel from Premier Inn Hotels Limited on October 9, 2020.