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LXI REIT Long Indexed Income Half Year Results Released : 24 November 2021 07:00 RNS Number : 3396T LXI REIT PLC 24 November 2021 24 November 2021 This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation ( EU ) No 596/2014 . This announcement has been authorised for release by the Board of Directors . The Board of LXI REIT plc ( ticker : LXI ) , the specialist inflation - protected very long income REIT , is pleased to report its results for the Group for the six - month period from 1 April 2021 to 30 September 2021 . Financial highlights Alternative performance measures Total NAV return Dividend per share Adjusted EPS Total expense ratio ( annualised ) ¹ Portfolio value² EPRA NTA per share ( ex dividend ) ³ Loan to value IFRS performance measures LXI REIT plc ( the " Company " or the " Group " ) INTERIM RESULTS FOR THE HALF - YEAR ENDED 30 SEPTEMBER 2021 Rental income Operating profit before fair value changes IFRS EPS Investment property at fair value² Issue of ordinary shares in the period Net assets NAV per share ● ● 30 September 2021 0 0 9.0 % 3.00p 3.5p 1.0 % 30 September 2021 O Hotels like for like growth of + 2.0 % 0 0 0 0 £ 1,216.6m 134.0p 25 % 30 September 2021 Healthcare like for like growth of + 2.7 % Car parks like for like growth of + 3.0 % Drive - thru coffee like for like growth of + 2.3 % Pubs like for like growth of + 7.3 % £ 25.4m £ 21.0m 11.3p 30 September 2021 £ 1,192.1m £ 104m £ 948.5m 135.5p O Foodstores and essentials like for like growth of + 5.3 % Industrial assets like for like growth of + 7.3 % 30 September 2020 -0.6 % 2.65p 3.3p 1.0 % 31 March 2021 £ 938.4m 125.7p 23 % 30 September 2020 £ 20.3m £ 17.6m -0.8p 31 March 2021 £ 887.5m £ 781.4m 125.7p Change ( like for like ) + 9.6pts + 13.2 % + 6.1 % Change ( like for like ) Total NAV return was 9.0 % comprising NAV growth and dividends paid during the half - year . Since IPO , the Group has delivered an annualised total NAV return of 10.7 % pa , well ahead of our 8 % + medium term target4 + 4.9 % + 6.6 % Dividend per share in respect of the half - year totalled 3.0p per share ( 30 September 2020 : 2.65p per share ) , which represents 13.2 % growth on the half - year to September 2020 Change + 25.1 % + 19.3 % Adjusted EPS for the half - year was 3.5p ( 30 September 2020 : 3.3p ) , which represents growth of 6.1 % on the half - year to 30 September 2020 , and a rate of 1.1X the dividend per share Change + 34.3 % Portfolio independently valued at £ 1,216.6m reflecting a six - month like for like uplift of 4.9 % across the Group's assets . The growth was broadly spread across sub - sectors as follows , with detail of the key drivers given in the Investment Advisor's report : + 21.4 % + 7.8 %