Last checked at 20 Sep 2018 07:00
NewRiver REIT plc
("NewRiver" or the "Company")
Capital Markets Day
NewRiver will hold a Capital Markets Day for analysts and institutional investors today, visiting a number of community pubs and convenience stores across the Midlands, including community pubs acquired as part of the Hawthorn Leisure transaction which the Company announced on 24 May 2018.
Community pubs now account for 20% of NewRiver's total portfolio, and today's event will focus on the Company's strategic rationale for owning pubs, and the risk-controlled development potential across the portfolio. The event will include presentations from senior members of the NewRiver team, as well as representatives from Colliers International and The Co-operative Group.
No new material information will be provided and the presentation will be made available on the Company's website (www.nrr.co.uk) later today.
For further information
NewRiver REIT plc | +44 (0)20 3328 5800 | ||
Allan Lockhart (Chief Executive) | |||
Mark Davies (Chief Financial Officer) | |||
Will Hobman (Head of Investor Relations) |
Finsbury | +44 (0)20 7251 3801 | ||
Gordon Simpson James Thompson |
About NewRiver
NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing, developing and recycling convenience-led, community-focused retail and leisure assets throughout the UK.
Our £1.4 billion portfolio covers over 8 million sq ft and comprises 34 community shopping centres, 21 conveniently located retail parks and over 600 community pubs. Having hand-picked our assets since NewRiver was founded in 2009, we have deliberately focused on the fastest growing and most sustainable sub-sectors of the UK retail market, with grocery, convenience stores, value clothing, health & beauty and discounters forming the core of our retail portfolio. This focus, combined with our affordable rents and desirable locations, delivers sustainable and growing returns for our shareholders, while our active approach to asset management and in-built 1.9 million sq ft development pipeline provide further opportunities to extract value from our portfolio.
NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR) and is a constituent of the FTSE 250 and EPRA indices. Visit www.nrr.co.uk for further information.
LEI Number: 2138004GX1VAUMH66L31