UK landlord LondonMetric in talks to merge with LXI REIT - Bloomberg News

LXi REIT

18/12/2023 14:27

Dec 18 (Reuters) - British landlord LondonMetric
Property  LMPL.L  is in talks to merge with London-based real
estate investment trust LXI  LXIL.L , Bloomberg News reported on
Monday, citing people with knowledge of the discussions.
    The companies are working with advisers to agree on the
terms of a merger that would create UK's fourth-largest listed
landlord by assets, with a combined portfolio of about 6.4
billion pounds ($8.11 billion), the report said. 


($1 = 0.7894 pounds)

 (Reporting by Aby Jose Koilparambil in Bengaluru)
 ((abyjose.koilparambil@thomsonreuters.com))