|Newriver Retail Reit
||EPS - Basic
||Market Cap (m)
|Real Estate Investment & Services
New river Share Discussion Threads
Showing 526 to 546 of 550 messages
|Debenhams and Marks and Spencer closures also perhaps having an impact|
|5p was xd, and the rest I guess are people selling after it went xd so fairly relaxed about it|
|Why the fall?|
|Why the fall?|
|The Monkster - Because?|
|Will it finally get through £3.40 and push onward?|
|gucci - Hope so! It would be nice to break past that 345 double top and push on. In the meantime collecting those nice divi's though!|
|Sharp move up today - heading to break out at 345?????|
|With respect to the rates, from today's statement:
"Draft rateable values across the retail portfolio in Scotland reduced by 13%; with a previously announced decrease of more than 20% across England & Wales means a 19% reduction across over 90% of the retail portfolio, benefiting retailers greatly and reducing cost ratios further "|
|seen note with 355 target plus
We completed our move from AIM to a Premium Listing on the Main Market in August marking a significant milestone for NewRiver, only seven years following our GBP25 million IPO. We are excited to have entered the next ambitious phase in the Company's development, and we currently meet the requirements for inclusion in the FTSE All Share and EPRA indices in December 2016.|
|Yes, the rate change is very polarizing and it, as far as I understand, is negative for BT and is going to add significantly to their cost base.|
|This will help them retain their rental income. The situation in the South East is the complete opposite. I had thought they were more exposed to the latter risk rather than the former benefit. So it's a plus.|
joan of arc
This is a valid point and overlooked IMO
"-- Ahead of 2017 rates revaluation, draft rateable values across the portfolio in England & Wales will fall by more than 20% benefitting retailers greatly and reducing cost ratios further "|
|Planning permission granted for a new retail park in Canvey Island. http://www.echo-news.co.uk/news/local_news/14839410.New_businesses____will_transform_Canvey___/|
|‘Full house’ called at flourishing shopping village - HTTP://www.commercialnewsmedia.com/archives/54088
Locks Heath Shopping Village, a flourishing shopping destination in south Hampshire, is now fully let after a proactive leasing strategy, targeting independent stores, by NewRiver via regional commercial property consultancy Hughes Ellard.
The retail, leisure and office development – first opened in 1983 – is owned and managed by listed retail property specialist NewRiver whose portfolio totals £1.2 billion across 8 million sq ft, with 150 million consumers using its 33 community-led shopping centres across the UK.
NewRiver, since acquisition, has worked hard to create an attractive retail and community destination for the locals of Fareham and wider catchment; a wide range of boutique, independent shops give a local village feel, as well as ensuring there are popular favourites...
...“The scheme has historically suffered with lengthy void periods but this has changed with NewRiver’s proactive approach to meeting the needs and expectations of retail-savvy consumers in a rapidly evolving and challenging environment.
“It is the first time the centre been at capacity in a very long time and the customer-focused landlord has ambitions to further develop and improve the retail offer rather than resting on any laurels.”|
|5p quarterly dividends now|
|It looks like the market (and possibly funds) may think NRR will qualify for the FTSE 250 at the forthcoming review at the end of this month, now they've moved to a premium listing. However, in order to qualify I think they would need to have a 20 day trading record on the main market.
Be interesting to see what happens.|
|Nice to see positive view from Barclays|
|Not too much wrong with that update!|
|NewRiver Retail will continue to grow - HTTP://citywire.co.uk/money/the-expert-view-n-brown-johnson-matthey-and-safestore/a922232?ref=citywire-money-picture-galleries-list#i=5
Real estate investment trust (Reit) NewRiver Retail (NRRT) is a market leader in the convenience and leisure property sector.
Berenberg analyst Kai Klose initiated coverage with a ‘buy’ recommendation and target price of 365p on the shares, which rose 0.7% to 314.9p yesterday.
‘We believe NewRiver Retail is well positioned for continuous growth and that the investor base should be broadened from the targeted listing on the main markets,’ he said.
‘Supported by positive rental growth, moderately rising occupancy levels but also from the sourcing of new retail properties, we believe net operating income will grow by 61% from £54.6 million of March 2016 to £88.1 million over the next three years.
‘While the UK retail market is likely to remain competitive, NewRiver Retail is well positioned to show solid growth in earnings and dividends. We also expect a positive impact for the stock following the listing on the main market, expected this year.’
NOTE: The correct ticker for NewRiver is NRR (not NRRT as article above).|