NewRiver
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NewRiver returns to the black
The retail-focused REIT made a £4.1m H1 profit, against a near £50m loss for H1 last year
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NewRiver slowly returns to health as disposals continue
The retail REIT plans to dispose of £55m properties over the next year
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NewRiver returns to capital growth as disposals continue
The retail REIT sold £66m in the last six months as values lifted by 2.5%
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NewRiver completes Cowley sale
The £39m deal sees Redevco take control of the Oxford regeneration site
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NewRiver makes a splash with Poole disposal
Value achieved reflects 30% uplift on 2019 acquisition price
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NewRiver offloads Oxford mall
Proceeds from the sale will be used to pay down debt
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NewRiver seeks to offload £300m of properties as values ‘stabilise’
REIT reports recovery in retail values and improving rental income
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Hobman steps up as NewRiver CFO as Davies heads for the pub
Mark Davies will stand down from the REIT to head the Hawthorn pub portfolio
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NewRiver sells Hawthorn pubs to Admiral for £222.3m
REIT toasts deal with plans to paid down debt and invest more in retail
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NewRiver unveils plans for Hawthorn pub IPO
REIT is seeking to float its Hawthorn community pubs portfolio as a standalone business
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NewRiver collects 70% of rents
The REIT currently has 52% of occupiers by gross income open and trading
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NewRiver losses widen as valuations sink
REIT reports a net valuation loss of £92.9m during the six months to 30 September