LXi REIT has collected 100% of June rents, with no rents deferred.
The FTSE 250 firm is now planning to pay a quarterly dividend of 1.5p per share.
The long-income specialist’s portfolio is valued at just under £1bn and includes around 20 hotels, most let to Travelodge.
It raised £100m earlier in the month, which will be used to fund a £125m pipeline.
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