NewRiver REIT plc is a UK-based real estate investment trust (REIT) specializing in acquiring, managing, and developing retail assets. The company was founded in 2008 by Allan Lockhart and David Lockhart as NewRiver Retail and was listed on the London Stock Exchange in 2009[1]. NewRiver REIT focuses primarily on retail and leisure properties, including shopping centers, retail warehouses, high street units, and public houses[1][2]. ### Key Facts: - Portfolio: NewRiver owns 33 shopping centers, 25 retail warehouses, 14 high street units, and over 700 public houses across the UK and Ireland[1][2]. - Recent Acquisitions: In July 2024, NewRiver acquired Ellandi Management Limited, and in September 2024, it made a takeover offer for Capital & Regional worth 147 million[2]. - Headquarters: Located at 89 Whitfield Street, London, England[3][4]. - Financials: The company has a small workforce of 48 employees and operates with a focus on retail assets, with significant sales in the UK[4]. ### Operations: NewRiver provides services including asset management, real estate investment, risk-controlled development, and property management across various retail sectors[2]. As a REIT, it distributes at least 90% of its profits to shareholders in the form of dividends, benefiting from tax exemptions[5]. ### Leadership: - CEO: Allan Lockhart has been leading the company since 2018[4]. - CFO: William Thomas Hobman[2]. ### Shareholders: Major shareholders include FIL Investment Advisors (UK) Ltd., Premier Fund Managers Ltd., and M&G Investment Management Ltd.[4].