LXB rock solid investment opportunity
The penny has dropped with investors that LXB Retail Properties (LXB: 97.5p), a Jersey resident closed-end real estate investment company focused on edge of town and out of town retail assets, offers a compelling buying opportunity and a low risk one at that. I highlighted the investment case in quite some detail a few months ago (‘Bag a retail property bargain, 6 October 2015) when the shares were trading at 86p, or 10 per cent below net asset value at the time.