TIDMNRR 
 
RNS Number : 3485D 
NewRiver Retail Limited 
01 December 2009 
 

                              NewRiver Retail Ltd 
                          ("NewRiver" or "the Company") 
                              Portfolio Acquisition 
 
 
 
NewRiver Retail Limited (AIM: NRR), the specialist value-creating retail 
property investment and asset management company, is pleased to announce it has 
completed the acquisition of its first investment since being admitted to 
trading on the London AIM and Channel Islands Stock Exchange (CISX) in 
September. 
 
 
The Company is acquiring the freehold interests, from Town Centre Securities 
PLC, of 28-31 Hope Street and 3-5 Priory Street, Wrexham, a prime multi-let High 
Street property in the core of this important administrative and commercial 
centre of North Wales. 
 
 
The investment comprises a total of 33,975 sq ft divided into five individual 
retail units, currently let to national multiple retailers: Peacocks, Vision 
Express, Bathstore, Laura Ashley and Walmsleys. Total rental income per annum is 
GBP534,250. The purchase price of GBP5.25 million is being wholly funded by cash 
and reflects a net initial yield of 9.65%. 
 
 
Allan Lockhart, Director of NewRiver Capital Limited, the wholly-owned 
subsidiary and property manager, and adviser to NewRiver Retail, said: 
 
 
"This opportunistic acquisition is an ideal first investment which fits exactly 
with our stated strategy. Our key objective is to protect the attractive running 
yield and through improving the longevity of the income stream, we are confident 
of enhancing capital value in the short to medium term. Wrexham is an ideal 
location as it is a value retail-driven regional town with strong footfall and 
scope for growth." 
 
 
At the time of its Initial Public Offering, the Board stated that NewRiver's 
investment strategy was to focus on the UK retail sector and to seek 
opportunities that would generate returns for Shareholders through active and 
entrepreneurial asset management and this first investment achieves that key 
objective. 
 
 
The Company is actively pursuing further acquisitions and specifically, 
continues to target a number of other opportunities. 
 
 
- ends - 
 
For further information: 
 
 
NewRiver Retail Ltd                     Tel: 01481 735 540 
Serena Tremlett 
 
NewRiver Capital Ltd                       Tel: 0203 328 5808 
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 Limited is a specialist real estate investor and asset manager 
with a particular focus on the UK retail sector. NewRiver Retail is advised on 
property matters by its wholly-owned subsidiary, NewRiver Capital Limited, whose 
management team, led by David 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 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 London's AIM and 
Channel Islands Stock Exchange (CISX) 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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