NewRiver REIT plc is a United Kingdom–based real estate investment trust primarily focused on owning, managing and developing convenience and community retail assets. The company’s portfolio spans supermarkets, retail parks, parades of shops and mixed-use properties, with an emphasis on locations that serve everyday consumer needs in residential catchments. Through active asset management and selective acquisitions, NewRiver REIT aims to enhance income streams and deliver long-term value for shareholders.
The trust’s business activities encompass property leasing, facilities management and redevelopment initiatives. NewRiver REIT typically enters into long-term lease agreements with both national and independent retailers, while also pursuing refurbishment and extension programmes to improve tenant mix and footfall. By targeting resilient sectors of the retail market—such as convenience, leisure and essential services—the company seeks to maintain stable occupancy rates and rental growth in varying economic conditions.
Headquartered in London, NewRiver REIT’s portfolio is concentrated across urban and suburban locations throughout England and Wales. The company leverages local market expertise to identify under-capitalized or undervalued assets that can benefit from strategic refurbishment or repositioning. Its geographic focus spans South East England, the Midlands, Northern England and parts of Wales, reflecting a diversified exposure to population-driven retail demand.
Founded in 2005 as NewRiver Retail, the business converted to REIT status in 2014 to take advantage of tax efficiencies available under UK regulations. Lee Manning serves as Chief Executive Officer, leading a team of property professionals responsible for acquisition, asset management and capital recycling. Under his leadership, NewRiver REIT has pursued a disciplined investment approach aimed at delivering resilient income and capital appreciation for its shareholders.
AI Generated. May Contain Errors.
