NewRiver REIT

♻️ To mark Global Recycling Day, we have teamed up with Smart Works Charity, a charity whose mission is to empower unemployed women with the clothes, coaching and confidence they need to succeed in job interviews and help transform their lives for the long term. 👗 Smart Works Charity has over 12 centres across the UK and over the past 10 years has helped over 35,000 women across the UK. 👚 The NewRiver REIT team are donating quality clothes and accessories to help contribute to this brilliant charity focused on helping empower women back into the workforce. 👖To find out more or how to donate visit: www.smartworks.co.uk   #GlobalRecyclingDay #SmartWorks

This International Women’s Day, we’re celebrating the talented women at NewRiver REIT who contribute to our success every day - from finance, investment and asset management to operations, centre management and the wider team across the UK. The success of NewRiver REIT comes down to the people within it. We have a diverse team and value both the females and males across our business – it is their collective expertise, leadership and dedication that is integral to our ability to create value for our shareholders, our partners and the communities we are invested in. #IWD2025 #growth

New BPF Retail Board Chair: Morgan Garfield We are delighted to announce NewRiver REIT's Morgan Garfield as the new Chair of British Property Federation's (BPF)'s Retail Board. Morgan Garfield brings extensive experience in retail real estate, having co-founded Ellandi, managing over £1.25bn in shopping centre assets before Ellandi was acquired by NewRiver REIT last year. Advocating for retail spaces as vital community infrastructure, Morgan Garfield aims to highlight the positive impact of retail on towns across the UK. His role as Chair will focus on promoting investment into UK retail while collaborating with stakeholders. During his career, Morgan Garfield has been involved in the acquisition and management of shopping centres across the UK, ranging from local community centres to major destinations. He has worked successfully with a variety of stakeholders from investors to debt providers, local authorities, occupiers and community groups. His breadth of experience gives him vital insight into the investment case for retail and how to create successful thriving destinations. As Chair of the BPF Retail Board, he will push for business rates reform and changes to the Landlord and Tenant Act 1954 to enhance commercial leasing processes. Under his guidance, the Board will seek increased cooperation between occupiers, emphasising energy efficiency improvements and supporting electric vehicle charging installations through simplified planning regulations. Find out more: www.nrr.co.uk/media/news #Retail #RealEstate #TownCentres #Policy #BPF

NewRiver partners with Royal Mail📮 We're delighted to be the first company to partner with Royal Mail on the rollout of its new parcel locker network across our portfolio. We're rolling out more than 60 parcel lockers at our shopping centres and retail parks, including assets owned by NewRiver and assets managed on behalf of third party owners through our capital partnership business, allowing us to leverage our expansive, geographically diverse portfolio and market-leading platform, whilst supporting Royal Mail's ambition to roll out this exciting new concept at scale and speed. NewRiver REIT will receive a modest income from the new partnership, and the new Royal Mail lockers will provide a convenient and complementary service for our shoppers as well as helping drive additional footfall and customer spend for our retailers. The roll out has launched at two shopping centres owned by NewRiver in Essex - Grays Shopping Centre in Grays and Newlands Shopping Centre Witham in Witham - and is expected to continue over the next six months. #physicalstores #omnichannel #royalmail #retail #realestate #community Katie Healey Anna Malley https://lnkd.in/es6rAJaE

New Sainsbury's in Dumfries Retail Park Sainsbury's have taken a new 15 year lease for a 48,100 sq ft unit at our asset Cuckoo Bridge Retail Park in Dumfries, on improved terms at a rent 60% above both previous rent and valuer's ERV. This new store creates the first Sainsbury's in Dumfries, new jobs and reactivates the former Homebase unit, demonstrating demand for our retail park portfolio, the strength of the UK retail market and the important role of the physical store network for omni-channel operators. #supermarket #grocery #physicalstore #retailpark #jobs #Dumfries Charles Spooner and Edward Richards https://lnkd.in/ei4Rg8eV

Celebrating Apprentice Week, we’re delighted to share insights from our three NewRiver REIT Apprentices. We know that the success of NewRiver REIT comes from the people within it. To mark the occasion, we’re sharing insights from the three fantastic apprentices we have supported through their career journeys - Megan Ruffell, Anya Allen and Nathan Clark with roles across our property and finance teams.   Whether it’s Nathan’s journey into accounting, where he leveraged practical experience to build confidence for his ACCA qualification, Anya’s drive to see the tangible impact of her work, or Megan’s transition from a business administration role to specialising in real estate and earning her associate RICS qualification culminating as an Asset Manager role, each one is a testament to the effectiveness of our hands-on, supportive approach.    We are committed to nurturing talent within our business that contributes to our company’s success as well setting the foundation for bright professional futures.  Read more here: https://lnkd.in/euh5xBaS   #apprentice #ourteam #careergrowth

We would like to pay tribute to Martin Barber, who sadly passed away last week. Martin founded, floated and led Capital & Regional, remaining as CEO until 2008. Martin was a highly respected leader and leaves an impressive legacy, having also founded CenterPoint Properties Inc and Primesight. NewRiver are proud to have acquired the business that Martin founded and send our condolences to his family and friends at this sad time.

Delighted to welcome a new Boots UK pharmacy to Hill Street Shopping Centre in Middlesbrough. Boots UK is a valued retailer to us as one of our Top 5 retailers in the NewRiver REIT portfolio, and it's great that this new store will help Boots UK to continue serving the local community with their essential pharmacy services.  Matthew Johnson #shoppingcentres #physicalstore #healthyplaces #Boots #pharmacy  

A new way in to Highcross Shopping Centre, Leicester.... following the successful planning consent for four new entrances at one of our capital partnership assets.   Four entrances will be reimagined to improve customer accessibility, wayfinding and city centre linkage, whilst the contemporary new designs celebrate the city's vibrant fashion and textiles heritage – a city once recognised as one of Europe’s most prosperous cities due to its booming textiles industry.      Works are expected to begin in Spring 2025, in tandem with commitment from our retailers who are simultaneously investing in their own stores at the centre.     Anchored by John Lewis & Partners, Zara, Apple and Next, Highcross Shopping Centre has over 150 shops, together with a great food and beverage including wagamama, PizzaExpress, Turtle Bay Restaurants and Nando's UK & IRE, as well as Showcase Cinemas UK and Treetop Golf Adventure.     As part of the rejuvenation strategy, the NewRiver REIT capital partnerships asset management team has diversified and elevated the occupier mix, introducing more than 10 new occupiers including MANGO which is due to open in Spring/Summer 2025, with a number of additional brands and new concepts due to open later this year. The strategy has been focused on reinvigorating this popular destination shopping centre in the heart of #Leicester to create a vibrant retail and leisure experience. Find out more here: https://lnkd.in/eSfYD-k4 Well done team: Christina Beggan, Harry Jeffery, Brooke Tahau, Guy Berger, NewRiver REIT + Threesixty Architecture Ltd, Radcliffes Construction Consultants, Time Retail Partners and Lunson Mitchenall    #physicalstores #retail #realestate #revitalisation #Leicester #community #destination #experience #planningapproval #capitalpartnerships

A new way in to Highcross Shopping Centre, Leicester.... following the successful planning consent for four new entrances at one of our capital partnership assets.   Four entrances will be reimagined to improve customer accessibility, wayfinding and city centre linkage, whilst the contemporary new designs celebrate the city's vibrant fashion and textiles heritage – a city once recognised as one of Europe’s most prosperous cities due to its booming textiles industry.      Works are expected to begin in Spring 2025, in tandem with commitment from our retailers who are simultaneously investing in their own stores at the centre.     Anchored by John Lewis & Partners, Zara, Apple and Next, Highcross Shopping Centre has over 150 shops, together with a great food and beverage including wagamama, PizzaExpress, Turtle Bay Restaurants and Nando's UK & IRE, as well as Showcase Cinemas UK and Treetop Golf Adventure.     As part of the rejuvenation strategy, the NewRiver REIT capital partnerships asset management team has diversified and elevated the occupier mix, introducing more than 10 new occupiers including MANGO which is due to open in Spring/Summer 2025, with a number of additional brands and new concepts due to open later this year. The strategy has been focused on reinvigorating this popular destination shopping centre in the heart of #Leicester to create a vibrant retail and leisure experience. Find out more here: https://lnkd.in/eSfYD-k4 Well done team: Christina Beggan, Harry Jeffery, Brooke Tahau, Guy Berger, NewRiver REIT + Threesixty Architecture Ltd, Radcliffes Construction Consultants, Time Retail Partners and Lunson Mitchenall    #physicalstores #retail #realestate #revitalisation #Leicester #community #destination #experience #planningapproval #capitalpartnerships