Company
NewRiver REIT plc
Headquarters: London, United Kingdom
Founded: 2009
Employees: 56
CEO: Mr. Allan Lockhart
Market Cap
£240.8 Million
GBP as of July 1, 2024
US$304.7 Million
NewRiver REIT plc Categories
United Kingdom Real Estate REIT—RetailUnited Kingdom Real Estate United Kingdom REIT—Retail
Top Competitors by Market Capitalization
Industry: REIT—Retail
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $104.90 B |
| American Tower | $91.36 B |
| Equinix, Inc. (REIT) | $71.61 B |
| Welltower Inc. | $63.10 B |
| Simon Property Group, Inc. | $55.57 B |
Detailed Description
NewRiver REIT plc (ÂNewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing essential retail and leisure assets throughout the UK. Our £1.1 billion portfolio covers 9 million sq ft and comprises 33 community shopping centres, 24 conveniently located retail parks and 700 community pubs. We hand-picked our assets to deliberately focus on occupiers providing essential goods and services, and avoid structurally challenged sub-sectors such as department stores, mid-market fashion and casual dining. This focus, combined with our affordable rents and desirable locations, delivers sustainable and growing returns for our shareholders, while our active approach to asset management and inbuilt 2.6 million sq ft development pipeline provide further opportunities to extract value from our portfolio. NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR).
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Stocks & Indices
NewRiver REIT plc has the following listings and related stock indices.
Stock: LSE: NRR wb_incandescent
Stock: OTC: NRWRF wb_incandescent
Key People
Margaret Ford (Chairman) Allan Lockhart (CEO)
Financials
Revenue: £125.4 million (2019)
Operating income: £68.0 million (2019)
Net income: £(36.9) million (2019)