• 24 May 2018

LIBERUM: NewRiver* - Resilient income returns

Newriver Reit | NRR | 152 -3.3 (-1.4%) | Mkt Cap: 465.6m

    • David Brockton

    • 3 pages

REITs - Commercial image


 
REITs - Commercial image


NewRiver’s convenience-led retail focus and active asset management continues to underpin robust income returns. FY18 earnings were 6% ahead of our forecast, with rental growth +0.9% further enhanced by performance fees and acquisitions.

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