NewRiver Retail
 |
|
| REIT | |
| Traded as | : |
| Industry | Property |
| Founded | 2009 |
| Headquarters | London, United Kingdom |
|
Key people
|
Paul Roy (Chairman) David Lockhart (CEO) |
| Revenue | £60.8 million (2016) |
| £57.7 million (2016) | |
| £69.4 million (2016) | |
| Website | nrr.co.uk |
NewRiver REIT plc is a specialist listed real estate investment trust (REIT), focused primarily on retail and leisure property. The company own 29 shopping centres, 22 retail warehouses, 14 high street units and 359 public houses The company is listed on the and it is a constituent of the FTSE 250 Index.
The company was established by Allan Lockhart and David Lockhart as a property company focusing on the retail sector under the name NewRiver Retail in September 2008. The company was the subject of an initial public offering on the in September 2009. In 2011 Mark Davies, husband of the Conservative MP Mims Davies joined the team as Finance Director: the company have since donated to her "local party organisation or indirectly via a central party organisation" The company acquired 202 pubs from Marston's for £90 million in December 2013 and 158 pubs from Punch Taverns for £53.5 million in August 2015. The company altered its structure and changed its name to NewRiver REIT in July 2016.
The company owns numerous shopping centres (geographically north to south):
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