From a small beginning, Allan Lockhart and David Lockhart established the property company in 2008 under the name NewRiver Retail. Its primary focus was the retail sector before it went on an acquisition mission. This resulted in the change of name to NewRiver REIT in 2016.
The company has a big portfolio of properties; 22 retail warehouses, 359 public houses, 29 shopping centers, and 14 high street units. They are conveniently located and are managed from its corporate office situated in London, United Kingdom.
Newriver Reit Plc is not only a property investor but also a developer. It has built a strong vision of providing value for money to its customers through affordable rents. Its high footfall locations also offer money-making opportunities for the 2,000 occupiers of its properties.
The company is listed on the LSE market. Its business model is designed in a way that it can continuously deliver value to its shareholders.