Appointment of Joint Broker

RNS Number : 6339I

NewRiver Retail Limited

27 March 2015

 



NewRiver Retail Limited

("NewRiver" or the "Company")

Appointment of Joint Broker

NewRiver is pleased to announce the appointment of Peel Hunt LLP as its joint corporate broker with immediate effect.

Liberum remains the Company's Nominated Advisor and joint corporate broker. Kinmont remains the Company's financial adviser.

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For further information:

NewRiver Retail Limited  David Lockhart, Chief Executive Mark Davies, Finance Director	Tel: [phone]
Bell Pottinger David Rydell/David Bass/James Newman	Tel: [phone]
Liberum Richard Crawley/Jamie Richards	Tel: [phone]
Peel Hunt LLP Capel Irwin/Alex Vaughan/Hugh Preston	Tel: [phone]

About NewRiver

NewRiver Retail Limited is an AIM listed REIT. The Company is a specialist real estate investor and asset manager focused solely on UK retail with a particular focus on food and value retailing. NewRiver Retail was named Property Company of the Year - Retail & Leisure at the Estates Gazette Awards at the close of 2014. 

The management team, with over 100 years combined experience in the UK commercial property market, actively engages with retailers, stakeholders and consumers. NewRiver Retail is one of the UK's largest shopping centre owner/managers with assets under management of £811 million principally comprising 29 UK wide shopping centres, further nationwide retail assets and a portfolio of 202 public houses principally suitable for conversion to alternative uses. The portfolio has 1,384 occupiers, a total of over 5.4 million sq ft, total annual footfall of over 122 million and a retail occupancy rate of 96 per cent.

The Company's activities include active and entrepreneurial asset management and risk-controlled development, utilising both its own balance sheet and co-investment joint venture structures.

Founded in 2009, NewRiver has become the UK's leading retail-focused property investment business. The Company's shares were admitted to London's AIM in September of the same year. For more information on NewRiver, please visit www.nrr.co.uk.

 

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