Retail

NewRiver REIT sees 4.7% fall in portfolio value

New River also said it recorded high and stable retail occupancy of 96.7% and it had agreed 979,200 sq ft of new lettings and renewals

NewRiver REIT has revealed that its regional retail value dropped 4.7% in the year to March 2023 which it attributed to an industry-wide outward shift in yields.

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