An institutional buyer acquired two Travelodge hotels in Haverhill and Ipswich from LXI REIT plc (LSE:LXI) for £12.6 million on January 7, 2019. In a related transaction, LXI REIT plc acquired two West Midlands bus depots for £11.7 million. LXI REIT used the sale funds to acquire two industrial properties. An institutional buyer completed the acquisition of two Travelodge hotels in Haverhill and Ipswich from LXI REIT plc (LSE:LXI) on January 7, 2019.