NewRiver
This section provides in-depth reporting on NewRiver REIT plc’s role in the UK retail property sector. Coverage includes updates on its portfolio of community shopping centres and retail parks, leasing activity, occupancy trends, and strategic acquisitions, such as the 2024 purchase of Capital & Regional. Analysis also examines NewRiver’s focus on value-led and essential retail, its tenant mix—including major occupiers like Boots, B&M, and Poundland—and its approach to sustainability and asset management. This content supports retail property professionals, investors, and commercial strategists monitoring developments in convenience-led retail real estate.
-
Jun- 2025 -3 JuneProperty
Northern Ireland’s Abbey Centre sold to new owner for £59m
Abbey Centre in Northern Ireland has been sold by NewRiver to The Herbert Group of Companies in an off market deal for £58.8m. The 320,000 sq ft shopping centre, located six miles north of Belfast City Centre in Newtownabbey, houses over 70 shops and has a “strong” convenience offer, together…
Read More » -
Feb- 2021 -22 FebruaryProperty
BPF names NewRiver CEO as chair of retail board
The British Property Federation (BPF) has appointed Allan Lockhart, CEO at real estate investment trust NewRiver REIT, as chair of its new retail board. The board was created in January to ensure central and regional governments could understand the views of the retail property sector, in turn driving the agenda…
Read More » -
19 FebruaryProperty
NewRiver JV with Bravo Strategies acquires The Moor
NewRiver has announced its joint venture with Bravo Strategies has exchanged contracts to acquire retail estate The Moor from CEP ASI UKPF Nominee 1 Limited and CEP ASI UKPF Nominee 2 Limited, for a total consideration of £41m. The Moor estate, which is located in Sheffield city centre, is close…
Read More » -
Nov- 2019 -25 NovemberShopping Centres
Intu sells Sprucefield Retail Park in £40m deal to NewRiver
Shopping centre owner Intu has announced the sale of its Sprucefield Retail Park to real estate investment trust NewRiver in a £40m deal. The retail park is located in Lisburn, Northern Ireland and comprises of 231,000 sq ft of retail space in five units, and features stores such as Sainsbury’s…
Read More »
