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NewRiver's £73.5M Retail Park Deal In Leeds
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Leeds retail park acquired
The Springs retail park in Leeds has been acquired by a newly formed retail park capital partnership between NewRiver REIT and affiliates of Soilbuild and United Engineers – two long-established Singapore-based real estate investors. The capital partnership’s first acquisition, The Springs has been purchased for £73.5m from Legal & General. The 275,000 sq ft […]
Morning briefing: The Investment Company starts new era; Aurora UK Alpha hit by Middle East sell-off; NewRiver REIT buys Leeds retail park for new Singapore joint venture
The Investment Company (INV) has reported on its last set of annual results as a UK smaller companies investment trust run by Chelverton Asset Management. In the year to 30 June net asset value fell 7.2% to 73.9p per share with some of the decline reflecting the costs of its corporate restructuring, having appointed Dowgate […]
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