Dividend Declaration

RNS Number : 0238C

NewRiver Retail Limited

13 October 2015

 

NewRiver Retail Limited

("NewRiver" or the "Company")

Dividend Declaration

NewRiver Retail Limited (AIM: NRR), the UK REIT specialising in value-creating retail property investment and active asset management, is pleased to announce that it has declared a second quarterly dividend of 4.5 pence per share in respect of the year ended 31 March 2016.

The ex-dividend date will be 22 October 2015. The quarterly dividend will be payable as a REIT Property Income Distribution (PID) on 13 November 2015, to shareholders on the register at close of business on 23 October 2015.

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NewRiver Retail Limited  David Lockhart, Chief Executive Mark Davies, Finance Director	Tel: [phone]
Bell Pottinger David Rydell / James Newman / David Bass	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, asset manager and developer focused solely on the UK retail sector. At the close of 2014 NewRiver Retail was named Property Company of the Year - Retail & Leisure at the Estates Gazette Awards.

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 £1 billion principally comprising 29 UK wide shopping centres, further nationwide retail assets and a portfolio of 360 pubs with retail and mixed-use extension opportunities. The portfolio has 1,440 occupiers, a total of over 6.4 million sq. ft., total annual footfall of over 126 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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