NewRiver


NewRiver REIT plc is a specialist listed real estate investment trust, focused primarily on retail and leisure property. The company owns 33 shopping centres, 25 retail warehouses, 14 high street units and over 700 public houses. The company is listed on the London Stock Exchange.

History

The company was established by Allan Lockhart and David Lockhart as a property company focusing on the retail sector under the name NewRiver Retail in September 2008. The company was the subject of an initial public offering on the London Stock Exchange in September 2009.
In 2009 Mark Davies, the then-husband of the Conservative MP Mims Davies joined the company as finance director. The company have since donated to her "local party organisation or indirectly via a central party organisation"
The company acquired 202 pubs from Marston's for £90 million in December 2013 and 158 pubs from Punch Taverns for £53.5 million in August 2015. The company altered its structure and changed its name to NewRiver REIT in July 2016.
In February 2018, David Lockhart stepped down as CEO and was replaced by Allan Lockhart. David Lockhart became Executive Deputy Chairman.

Operations

The company owns numerous shopping centres :