NAV and profit falls at NewRiver

NewRiver Whitefriars Shopping Centre in Canterbury

NewRiver REIT has posted a 3% fall in net asset value (NAV) for the first half of its financial year.

NAV per share stood at 283p at the end of September, down from 292p at the end of March. The retail landlord said NAV had been hit by a 1.8% valuation decline.

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