NewRiver Capital Board Appointment
13 Ottobre 2009 - 8:00AM
UK Regulatory
TIDMNRR
RNS Number : 6462A
NewRiver Retail Limited
13 October 2009
NewRiver Retail Limited
Appointment of Finance Director to Board of NewRiver Capital Limited
NewRiver Retail Limited (AIM: NRR), the newly formed specialist commercial
property investment and asset management company, today announces the
appointment of Mark Davies as Finance Director to the Board of NewRiver Capital
Limited.
NewRiver Capital is the wholly-owned subsidiary and property manager and adviser
of NewRiver Retail. Mark will take up his role at NewRiver Capital on 19
October 2009.
Mark qualified as a chartered accountant in 1999 and has over ten years of real
estate experience. Post-qualification Mark became a senior manager on the London
real estate team at Grant Thornton before joining Pannell Kerr Foster in 2006 as
Head of Real Estate. He joins NewRiver from Exemplar Properties & Omega Land
where he was Group Chief Financial & Operating Officer.
David Lockhart, Director of NewRiver Retail and CEO of NewRiver Capital, said:
"In line with our stated objectives at the time of Admission we are pleased to
announce the appointment of another core member of the NewRiver Capital
management team. Mark's skills and experience will be an important addition to
NewRiver as we advance our business model and capitalise on opportunities within
the UK retail property market."
For further information:
NewRiver Retail Ltd Tel: 01481 735 540
Serena Tremlett
NewRiver Capital Tel: 020 3178 4071
David Lockhart
Allan Lockhart
Bell Pottinger Corporate & Financial Tel: 0207 861 3232
David Rydell
Rosanne Perry
BofA Merrill Lynch Tel: 0207 628 1000
(Broker & Nominated Adviser)
Marcus Jackson
Georgina Stewart
About NewRiver
NewRiver Retail is a specialist real estate investor and asset manager with
particular focus on the UK retail sector. New River Retail is advised on
property matters by its wholly-owned subsidiary, NewRiver Capital, whose
management team, led by David Lockhart and Allan Lockhart, have more than 50
years combined experience in UK commercial property markets. The Company's
activities include active and entrepreneurial asset management and risk
controlled development, utilising both its own balance sheet and co-investment
and joint venture structures. It is NewRiver's intention to become one of the
leading sector-focused value-creating property investment businesses operating
in the UK retail sector. The Company was founded in 2009 and its shares were
admitted to the AIM in September of the same year.
For more information on NewRiver, please visit
www.newriverretail.com and
www.newrivercapital.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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