LXI REIT plc (LSE:LXI) exchanged contracts to acquire Portfolio of Costa drive-thrus across UK for £36 million on May 12, 2021. The transaction will be financed from LXI REIT plc’s £125 million equity capital raise of 11 March 2021 and will further utilise the revolving credit facility. Luke Simpson and Liz Yong of Peel Hunt LLP acted as financial advisor and Ed Matthews and Tom Yeadon of Jefferies International Limited acted as financial advisor to LXI REIT plc.