LXB Retail Properties Plc

Name
LXB Retail Properties Plc
Manager
LXB Manager Llp
Type
Closed Ended Investment Company
ISIN
JE00B4MFKH73
Sector
Property Direct - UK
Launched
23/10/2009
OCF
8.86 %
3 Year Sharpe
-0.86
Yield
0 %
Fund Size
£ 21.84 million
NAV
26
Gearing
100
Discount Premium
-50
The Company’s strategy is to capitalise on the structural change occurring in the out-of-town UK retail sector through focused acquisition of retail parks where there is scope, through development and asset management, to extract above average returns for Shareholders. The Group is an active investor and implements strategies to enhance the capital value of acquired assets.
Name
LXB Manager Llp
Address
W1F 9HR, London, United Kingdom
Legal Structure
Closed Ended Investment Company

Managers

Tim Walton
Joined 10/25/2009

Data provided by Morningstar.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Morningstar. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.