NewRiver REIT Expands Portfolio and Maintains Strong Performance
Company Announcements

NewRiver REIT Expands Portfolio and Maintains Strong Performance

NewRiver REIT (GB:NRR) has released an update.

NewRiver REIT has reported a strong first quarter for FY25, with growth in leasing transactions, high occupancy and tenant retention rates, and the acquisition of Ellandi boosting its Capital Partnership business. The company now manages £2 billion in retail real estate assets with £190 million in annual rent from over 3,000 tenants. Additionally, NewRiver’s robust balance sheet shows £134 million in cash, with a good position for future capital deployment while considering a possible offer for Capital & Regional plc.

For further insights into GB:NRR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskNewRiver REIT Moves Forward with Acquisition Plans
TipRanks UK Auto-Generated NewsdeskNewRiver REIT Ownership Shifts Notably
TipRanks UK Auto-Generated NewsdeskNewRiver REIT Announces Updated Voting Rights
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App