NewRiver is today providing a trading and strategy update ahead of the announcement of our Full Year Results on 3 June 2021. During the pandemic period we have significantly improved our strong cash and liquidity position, achieving this through our successful retail disposal programme, tightly controlling capital expenditure and making good progress on rent collection. As a result, we ended the financial year with £198 million of cash and undrawn revolving credit facilities, increased from £127 million at 31 March 2020. Our independent valuers are now concluding their work on valuing our property portfolio as at 31 March 2021. The indicative outcome of this exercise is that our valuation decline in the second half of FY21 will be less than that reported in the first half. Retail parks have returned to positive capital growth, our pub and regeneration portfolios have experienced only modest capital declines and our core s
Bexleyheath
Bexley
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Solihull
Finsbury
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London
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